REI Lense

REI Lense

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$2,268 (target)

3660 Kelly Rd, Mims, FL 32754

3 beds • 2 baths • 1504 sqft

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This property looks like a bad Long-Term investment with a projected -4.04% first-year return on $70,392 initial cash invested.

-4.04%

Cash On Cash

5.66%

Cap Rate

0.93

DSCR

$2,268

Rent

-$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,268 income − $2,505 expenses = $237 out of pocket

Income$2,268Out of Pocket$237Mortgage P&I$1,70475%Property Taxes$904%Insurance$1225%Management$22710%CapEx$1135%Vacancy$1366%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,392

Downpayment

20%

$67,040

Closing costs

1%

$3,352

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,268

Total Expenses

$2,505

Mortgage P&I

75%

$1,704

Property Taxes

4%

$90

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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