REI Lense

REI Lense

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$3,336 (target)

2110 SW Olympic Club Terrace, Palm City, FL 34990

3 beds • 3 baths • 1931 sqft

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This property looks like a bad Long-Term investment with a projected -7.42% first-year return on $89,607 initial cash invested.

-7.42%

Cash On Cash

4.81%

Cap Rate

0.82

DSCR

$3,336

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,336 income − $3,890 expenses = $554 out of pocket

Income$3,336Out of Pocket$554Mortgage P&I$2,09963%Property Taxes$35611%Insurance$1504%HOA$41713%Management$33410%CapEx$1675%Vacancy$2006%Maintenance$1675%

Investment Breakdown

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Purchase Price

$427k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,607

Downpayment

20%

$85,340

Closing costs

1%

$4,267

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,336

Total Expenses

$3,890

Mortgage P&I

63%

$2,099

Property Taxes

11%

$356

Home Insurance

5%

$150

HOA

13%

$417

Property Management

10%

$334

CapEx

5%

$167

Vacancy

6%

$200

Maintenance

5%

$167

Other

0%

$0

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