REI Lense

REI Lense

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$2,206 (target)

3296 Glencove St, Punta Gorda, FL 33980

3 beds • 3 baths • 1760 sqft

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This property looks like a bad Long-Term investment with a projected -1.85% first-year return on $68,166 initial cash invested.

-1.85%

Cash On Cash

5.84%

Cap Rate

1

DSCR

$2,206

Rent

-$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,166

Downpayment

20%

$64,920

Closing costs

1%

$3,246

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,206

Total Expenses

$2,311

Mortgage P&I

71%

$1,574

Property Taxes

2%

$48

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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