REI Lense

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$4,866 (target)

340 Hammocks Trail, Greenacres, FL 33413

3 beds • 2 baths • 1570 sqft

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This property looks like a bad Mid-Term investment with a projected -4.35% first-year return on $111k initial cash invested.

-4.35%

Cash On Cash

5.53%

Cap Rate

0.91

DSCR

$4,866

Rent

-$403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,866 income − $5,269 expenses = $403 out of pocket

Income$4,866Out of Pocket$403Mortgage P&I$2,25646%Property Taxes$78316%Insurance$1583%HOA$4179%Management$58412%CapEx$1954%Vacancy$1463%Maintenance$1954%Other$53511%

Investment Breakdown

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Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,840

Closing costs

1%

$4,442

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,866

Total Expenses

$5,269

Mortgage P&I

46%

$2,256

Property Taxes

16%

$783

Home Insurance

3%

$158

HOA

9%

$417

Property Management

12%

$584

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$535

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