REI Lense

REI Lense

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$2,507 (target)

222 Lotus Dr, Safety Harbor, FL 34695

3 beds • 2 baths • 1393 sqft

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This property looks like a bad Long-Term investment with a projected -13.11% first-year return on $96,348 initial cash invested.

-13.11%

Cash On Cash

3.55%

Cap Rate

0.59

DSCR

$2,507

Rent

-$1,053

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,507 income − $3,560 expenses = $1,053 out of pocket

Income$2,507Out of Pocket$1,053Mortgage P&I$2,28691%Property Taxes$45618%Insurance$1637%HOA$4Management$25110%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

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Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,348

Downpayment

20%

$91,760

Closing costs

1%

$4,588

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,507

Total Expenses

$3,560

Mortgage P&I

91%

$2,286

Property Taxes

18%

$456

Home Insurance

7%

$163

HOA

0%

$4

Property Management

10%

$251

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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