REI Lense

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$2,215 (target)

2748 SPINNERBAIT Court, Saint Augustine, FL 32092

3 beds • 2 baths • 1850 sqft

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This property looks like a bad Long-Term investment with a projected -14.12% first-year return on $80,325 initial cash invested.

-14.12%

Cash On Cash

3.48%

Cap Rate

0.57

DSCR

$2,215

Rent

-$945

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,215 income − $3,160 expenses = $945 out of pocket

Income$2,215Out of Pocket$945Mortgage P&I$1,94388%Property Taxes$49322%Insurance$1366%HOA$11Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

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Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,325

Downpayment

20%

$76,500

Closing costs

1%

$3,825

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,215

Total Expenses

$3,160

Mortgage P&I

88%

$1,943

Property Taxes

22%

$493

Home Insurance

6%

$136

HOA

1%

$11

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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