REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,988 (target)

2839 CORAL WAY, Punta Gorda, FL 33950

3 beds • 4 baths • 4639 sqft

$1,095,600

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -17.85% first-year return on $248k initial cash invested.

-17.85%

Cash On Cash

2.89%

Cap Rate

0.43

DSCR

$5,988

Rent

-$3,690

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,988 income − $9,678 expenses = $3,690 out of pocket

Income$5,988Out of Pocket$3,690Mortgage P&I$6,091102%Property Taxes$1,14719%Insurance$4027%Management$71912%CapEx$2404%Vacancy$1803%Maintenance$2404%Other$65911%

Investment Breakdown

|

Purchase Price

$1096k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$248k

Downpayment

20%

$219k

Closing costs

1%

$10,956

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,988

Total Expenses

$9,678

Mortgage P&I

102%

$6,091

Property Taxes

19%

$1,147

Home Insurance

7%

$402

HOA

0%

$0

Property Management

12%

$719

CapEx

4%

$240

Vacancy

3%

$180

Maintenance

4%

$240

Other

11%

$659

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis