REI Lense

REI Lense

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$3,305 (target)

2141 Golden Gate BLVD E, Naples, FL 34120

3 beds • 3 baths • 1805 sqft

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This property looks like a bad Long-Term investment with a projected -10.59% first-year return on $143k initial cash invested.

-10.59%

Cash On Cash

4.11%

Cap Rate

0.68

DSCR

$3,305

Rent

-$1,258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,305 income − $4,563 expenses = $1,258 out of pocket

Income$3,305Out of Pocket$1,258Mortgage P&I$3,416103%Property Taxes$512%Insurance$2387%Management$33010%CapEx$1655%Vacancy$1986%Maintenance$1655%

Investment Breakdown

|

Purchase Price

$679k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$136k

Closing costs

1%

$6,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,305

Total Expenses

$4,563

Mortgage P&I

103%

$3,416

Property Taxes

2%

$51

Home Insurance

7%

$238

HOA

0%

$0

Property Management

10%

$330

CapEx

5%

$165

Vacancy

6%

$198

Maintenance

5%

$165

Other

0%

$0

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