REI Lense

REI Lense

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$2,259 (target)

3538 Mulberry Grove Loop, Leesburg, FL 34748

3 beds • 2 baths • 2407 sqft

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This property looks like a bad Long-Term investment with a projected -13.04% first-year return on $79,401 initial cash invested.

-13.04%

Cash On Cash

3.65%

Cap Rate

0.61

DSCR

$2,259

Rent

-$863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,259 income − $3,122 expenses = $863 out of pocket

Income$2,259Out of Pocket$863Mortgage P&I$1,90184%Property Taxes$30113%Insurance$1527%HOA$1808%Management$22610%CapEx$1135%Vacancy$1366%Maintenance$1135%

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,401

Downpayment

20%

$75,620

Closing costs

1%

$3,781

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,259

Total Expenses

$3,122

Mortgage P&I

84%

$1,901

Property Taxes

13%

$301

Home Insurance

7%

$152

HOA

8%

$180

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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