REI Lense

REI Lense

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$3,122 (target)

3603 Kirby Loop Road, Fort Pierce, FL 34981

3 beds • 3 baths • 2636 sqft

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This property looks like a bad Long-Term investment with a projected -5.12% first-year return on $94,500 initial cash invested.

-5.12%

Cash On Cash

5.32%

Cap Rate

0.89

DSCR

$3,122

Rent

-$403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,122 income − $3,525 expenses = $403 out of pocket

Income$3,122Out of Pocket$403Mortgage P&I$2,24272%Property Taxes$31410%Insurance$1585%Management$31210%CapEx$1565%Vacancy$1876%Maintenance$1565%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,500

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,122

Total Expenses

$3,525

Mortgage P&I

72%

$2,242

Property Taxes

10%

$314

Home Insurance

5%

$158

HOA

0%

$0

Property Management

10%

$312

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

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