REI Lense

REI Lense

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$5,264 (target)

2866 Waters Edge Circle, Greenacres, FL 33413

3 beds • 2 baths • 1784 sqft

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This property might be a fair Mid-Term investment with a projected 1.52% first-year return on $111k initial cash invested.

1.52%

Cash On Cash

6.78%

Cap Rate

1.16

DSCR

$5,264

Rent

$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,200

Closing costs

1%

$4,410

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,264

Total Expenses

$5,124

Mortgage P&I

41%

$2,139

Property Taxes

13%

$689

Home Insurance

3%

$158

HOA

7%

$347

Property Management

12%

$632

CapEx

4%

$211

Vacancy

3%

$158

Maintenance

4%

$211

Other

11%

$579

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