REI Lense

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$4,167 (target)

2695 Hayden Drive, Palm Springs, FL 33461

3 beds • 2 baths • 1648 sqft

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This property might be a fair Mid-Term investment with a projected 6.73% first-year return on $96,456 initial cash invested.

6.73%

Cash On Cash

8.18%

Cap Rate

1.38

DSCR

$4,167

Rent

$541

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,167 income − $3,626 expenses = $541 cash flow

Income$4,167Mortgage P&I$1,84044%Property Taxes$2386%Insurance$1313%Management$50012%CapEx$1674%Vacancy$1253%Maintenance$1674%Other$45811%Cash Flow$541

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,456

Downpayment

20%

$74,720

Closing costs

1%

$3,736

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,167

Total Expenses

$3,626

Mortgage P&I

44%

$1,840

Property Taxes

6%

$238

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$500

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$458

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