REI Lense

REI Lense

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$2,020 (target)

355 S Broadway Ave, Bartow, FL 33830

3 beds • 3 baths • 1534 sqft

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This property looks like a bad Long-Term investment with a projected -1.18% first-year return on $55,881 initial cash invested.

-1.18%

Cash On Cash

6.02%

Cap Rate

1.04

DSCR

$2,020

Rent

-$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,881

Downpayment

20%

$53,220

Closing costs

1%

$2,661

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,020

Total Expenses

$2,075

Mortgage P&I

64%

$1,290

Property Taxes

8%

$166

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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