REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2990 Meadow Oak Dr N, Clearwater, FL 33761

2 beds • 2 baths • 1507 sqft

Email

This property looks like a bad Long-Term investment with a projected -17.34% first-year return on $113k initial cash invested.

-17.34%

Cash On Cash

2.45%

Cap Rate

0.42

DSCR

$2,130

Rent

-$1,638

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$108k

Closing costs

1%

$5,398

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,130

Total Expenses

$3,768

Mortgage P&I

124%

$2,636

Property Taxes

18%

$383

Home Insurance

9%

$196

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

2830 Wildwood Dr, Clearwater, FL 33761

$3,000

2

2

1635

0.5 mi

3090 Pepperwood Ln W, Clearwater, FL 33761

$2,500

2

2

1360

1.3 mi

400 Blue Marlin Dr, Oldsmar, FL 34677

$1,900

2

2

1352

1.6 mi

2542 Newbern Ave, Clearwater, FL 33761

$2,400

2

2

1740

1.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis