REI Lense

REI Lense

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$1,858 (target)

21302 Hubbard Ave, Pt Charlotte, FL 33952

3 beds • 2 baths • 1492 sqft

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This property looks like a bad Long-Term investment with a projected -4.85% first-year return on $47,250 initial cash invested.

-4.85%

Cash On Cash

5.81%

Cap Rate

0.92

DSCR

$1,858

Rent

-$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,858 income − $2,049 expenses = $191 out of pocket

Income$1,858Out of Pocket$191Mortgage P&I$1,18864%Property Taxes$29916%Insurance$794%Management$18610%CapEx$935%Vacancy$1116%Maintenance$935%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,858

Total Expenses

$2,049

Mortgage P&I

64%

$1,188

Property Taxes

16%

$299

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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