REI Lense

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$6,339 (target)

325 Gladstone Blvd, Englewood, FL 34223

3 beds • 3 baths • 1865 sqft

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This property could be a profitable Mid-Term investment with a projected 10.7% first-year return on $126k initial cash invested.

10.7%

Cash On Cash

9.19%

Cap Rate

1.54

DSCR

$6,339

Rent

$1,125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,339

Total Expenses

$5,214

Mortgage P&I

41%

$2,567

Property Taxes

5%

$303

Home Insurance

3%

$180

HOA

0%

$8

Property Management

12%

$761

CapEx

4%

$254

Vacancy

3%

$190

Maintenance

4%

$254

Other

11%

$697

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