REI Lense

REI Lense

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$5,552 (target)

300 N BAY HILLS BOULEVARD, Safety Harbor, FL 34695

3 beds • 2 baths • 1596 sqft

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This property looks like a bad Mid-Term investment with a projected -0.55% first-year return on $136k initial cash invested.

-0.55%

Cash On Cash

6.61%

Cap Rate

1.05

DSCR

$5,552

Rent

-$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,552 income − $5,614 expenses = $62 out of pocket

Income$5,552Out of Pocket$62Mortgage P&I$2,92453%Property Taxes$59811%Insurance$1964%HOA$8Management$66612%CapEx$2224%Vacancy$1673%Maintenance$2224%Other$61111%

Investment Breakdown

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Purchase Price

$560k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$112k

Closing costs

1%

$5,599

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,552

Total Expenses

$5,614

Mortgage P&I

53%

$2,924

Property Taxes

11%

$598

Home Insurance

4%

$196

HOA

0%

$8

Property Management

12%

$666

CapEx

4%

$222

Vacancy

3%

$167

Maintenance

4%

$222

Other

11%

$611

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