REI Lense

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$2,708 (target)

2902 Red Alder Blvd, Ocoee, FL 34761

3 beds • 2 baths • 1849 sqft

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This property looks like a bad Long-Term investment with a projected -12.79% first-year return on $86,772 initial cash invested.

-12.79%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$2,708

Rent

-$925

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,708 income − $3,633 expenses = $925 out of pocket

Income$2,708Out of Pocket$925Mortgage P&I$2,05076%Property Taxes$55821%Insurance$1475%HOA$1756%Management$27110%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,772

Downpayment

20%

$82,640

Closing costs

1%

$4,132

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,708

Total Expenses

$3,633

Mortgage P&I

76%

$2,050

Property Taxes

21%

$558

Home Insurance

5%

$147

HOA

6%

$175

Property Management

10%

$271

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

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