REI Lense

REI Lense

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$3,238 (target)

2202 ROMANUM DRIVE, Winter Garden, FL 34787

3 beds • 2 baths • 1889 sqft

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This property looks like a bad Long-Term investment with a projected -10.99% first-year return on $111k initial cash invested.

-10.99%

Cash On Cash

4.15%

Cap Rate

0.68

DSCR

$3,238

Rent

-$1,021

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,238 income − $4,259 expenses = $1,021 out of pocket

Income$3,238Out of Pocket$1,021Mortgage P&I$2,69783%Property Taxes$32010%Insurance$1896%HOA$2117%Management$32410%CapEx$1625%Vacancy$1946%Maintenance$1625%

Investment Breakdown

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Purchase Price

$531k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,309

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,238

Total Expenses

$4,259

Mortgage P&I

83%

$2,697

Property Taxes

10%

$320

Home Insurance

6%

$189

HOA

7%

$211

Property Management

10%

$324

CapEx

5%

$162

Vacancy

6%

$194

Maintenance

5%

$162

Other

0%

$0

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