REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,992 (target)

2534 SW CONCH COVE Lane, Palm City, FL 34990

3 beds • 2 baths • 1808 sqft

$1,099,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -16.22% first-year return on $249k initial cash invested.

-16.22%

Cash On Cash

2.62%

Cap Rate

0.43

DSCR

$4,992

Rent

-$3,362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,992 income − $8,354 expenses = $3,362 out of pocket

Income$4,992Out of Pocket$3,362Mortgage P&I$5,563111%Property Taxes$70814%Insurance$3858%Management$59912%CapEx$2004%Vacancy$1503%Maintenance$2004%Other$54911%

Investment Breakdown

|

Purchase Price

$1099k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$220k

Closing costs

1%

$10,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,992

Total Expenses

$8,354

Mortgage P&I

111%

$5,563

Property Taxes

14%

$708

Home Insurance

8%

$385

HOA

0%

$0

Property Management

12%

$599

CapEx

4%

$200

Vacancy

3%

$150

Maintenance

4%

$200

Other

11%

$549

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis