REI Lense

REI Lense

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$3,796 (target)

3562 Siderwheel Dr, Rockledge, FL 32955

3 beds • 2 baths • 2032 sqft

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This property looks like a bad Mid-Term investment with a projected -4.79% first-year return on $114k initial cash invested.

-4.79%

Cash On Cash

5.12%

Cap Rate

0.87

DSCR

$3,796

Rent

-$455

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$457k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,360

Closing costs

1%

$4,568

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,796

Total Expenses

$4,251

Mortgage P&I

59%

$2,251

Property Taxes

12%

$474

Home Insurance

4%

$166

HOA

2%

$68

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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