REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,109 (target)

309 Polaris Dr, Satellite Beach, FL 32937

3 beds • 7 baths • 1428 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.71% first-year return on $92,715 initial cash invested.

-3.71%

Cash On Cash

5.57%

Cap Rate

0.94

DSCR

$3,109

Rent

-$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,109 income − $3,396 expenses = $287 out of pocket

Income$3,109Out of Pocket$287Mortgage P&I$2,18070%Property Taxes$2468%Insurance$1625%Management$31110%CapEx$1555%Vacancy$1876%Maintenance$1555%

Investment Breakdown

|

Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,715

Downpayment

20%

$88,300

Closing costs

1%

$4,415

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,109

Total Expenses

$3,396

Mortgage P&I

70%

$2,180

Property Taxes

8%

$246

Home Insurance

5%

$162

HOA

0%

$0

Property Management

10%

$311

CapEx

5%

$155

Vacancy

6%

$187

Maintenance

5%

$155

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis