REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,342 (target)

3856 Corrigan Court, Palm Springs, FL 33461

3 beds • 2 baths • 1225 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.5% first-year return on $127k initial cash invested.

-3.5%

Cash On Cash

5.64%

Cap Rate

0.93

DSCR

$4,342

Rent

-$370

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,342 income − $4,712 expenses = $370 out of pocket

Income$4,342Out of Pocket$370Mortgage P&I$2,63761%Property Taxes$41610%Insurance$1824%Management$52112%CapEx$1744%Vacancy$1303%Maintenance$1744%Other$47811%

Investment Breakdown

|

Purchase Price

$519k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,190

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,342

Total Expenses

$4,712

Mortgage P&I

61%

$2,637

Property Taxes

10%

$416

Home Insurance

4%

$182

HOA

0%

$0

Property Management

12%

$521

CapEx

4%

$174

Vacancy

3%

$130

Maintenance

4%

$174

Other

11%

$478

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis