REI Lense

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$2,545 (target)

2669 SW Egret Pond Circle, Palm City, FL 34990

3 beds • 2 baths • 1722 sqft

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This property looks like a bad Long-Term investment with a projected -8.08% first-year return on $76,650 initial cash invested.

-8.08%

Cash On Cash

4.65%

Cap Rate

0.78

DSCR

$2,545

Rent

-$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,545 income − $3,061 expenses = $516 out of pocket

Income$2,545Out of Pocket$516Mortgage P&I$1,80271%Property Taxes$1456%Insurance$1285%HOA$32513%Management$25410%CapEx$1275%Vacancy$1536%Maintenance$1275%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,545

Total Expenses

$3,061

Mortgage P&I

71%

$1,802

Property Taxes

6%

$145

Home Insurance

5%

$128

HOA

13%

$325

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$153

Maintenance

5%

$127

Other

0%

$0

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