REI Lense

REI Lense

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$3,509 (target)

2866 Waters Edge Circle, Greenacres, FL 33413

3 beds • 2 baths • 1784 sqft

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This property looks like a bad Long-Term investment with a projected -9.54% first-year return on $92,610 initial cash invested.

-9.54%

Cash On Cash

4.29%

Cap Rate

0.74

DSCR

$3,509

Rent

-$736

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

$92,610

Downpayment

20%

$88,200

Closing costs

1%

$4,410

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,509

Total Expenses

$4,245

Mortgage P&I

61%

$2,139

Property Taxes

20%

$689

Home Insurance

5%

$158

HOA

10%

$347

Property Management

10%

$351

CapEx

5%

$175

Vacancy

6%

$211

Maintenance

5%

$175

Other

0%

$0

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