REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$15,246 (target)

3298 Belon LN, Naples, FL 34114

3 beds • 3 baths • 3015 sqft

$1,944,300

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -9.54% first-year return on $426k initial cash invested.

-9.54%

Cash On Cash

4.96%

Cap Rate

0.74

DSCR

$15,246

Rent

-$3,390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$15,246 income − $18,636 expenses = $3,390 out of pocket

Income$15,246Out of Pocket$3,390Mortgage P&I$10,81071%Property Taxes$1,1818%Insurance$7325%HOA$7295%Management$1,83012%CapEx$6104%Vacancy$4573%Maintenance$6104%Other$1,67711%

Investment Breakdown

|

Purchase Price

$1944k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$426k

Downpayment

20%

$389k

Closing costs

1%

$19,443

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$15,246

Total Expenses

$18,636

Mortgage P&I

71%

$10,810

Property Taxes

8%

$1,181

Home Insurance

5%

$732

HOA

5%

$729

Property Management

12%

$1,830

CapEx

4%

$610

Vacancy

3%

$457

Maintenance

4%

$610

Other

11%

$1,677

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis