REI Lense

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$5,004 (target)

2110 SW Olympic Club Terrace, Palm City, FL 34990

3 beds • 3 baths • 1931 sqft

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This property might be a fair Mid-Term investment with a projected 3.14% first-year return on $108k initial cash invested.

3.14%

Cash On Cash

7.26%

Cap Rate

1.23

DSCR

$5,004

Rent

$282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,004 income − $4,722 expenses = $282 cash flow

Income$5,004Mortgage P&I$2,09942%Property Taxes$3567%Insurance$1503%HOA$4178%Management$60012%CapEx$2004%Vacancy$1503%Maintenance$2004%Other$55011%Cash Flow$282

Investment Breakdown

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Purchase Price

$427k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,340

Closing costs

1%

$4,267

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,004

Total Expenses

$4,722

Mortgage P&I

42%

$2,099

Property Taxes

7%

$356

Home Insurance

3%

$150

HOA

8%

$417

Property Management

12%

$600

CapEx

4%

$200

Vacancy

3%

$150

Maintenance

4%

$200

Other

11%

$550

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