REI Lense

REI Lense

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$4,398 (target)

26636 Irwin Dr, Englewood, FL 34223

3 beds • 2 baths • 2289 sqft

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This property looks like a bad Long-Term investment with a projected -6.82% first-year return on $111k initial cash invested.

-6.82%

Cash On Cash

4.9%

Cap Rate

0.84

DSCR

$4,398

Rent

-$631

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$529k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,288

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,398

Total Expenses

$5,029

Mortgage P&I

58%

$2,570

Property Taxes

12%

$540

Home Insurance

4%

$192

HOA

13%

$583

Property Management

10%

$440

CapEx

5%

$220

Vacancy

6%

$264

Maintenance

5%

$220

Other

0%

$0

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