REI Lense

REI Lense

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$3,234 (target)

3938 Lovering Ave, North Port, FL 34286

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Mid-Term investment with a projected -5.97% first-year return on $109k initial cash invested.

-5.97%

Cash On Cash

4.87%

Cap Rate

0.81

DSCR

$3,234

Rent

-$543

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,820

Closing costs

1%

$4,341

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,234

Total Expenses

$3,777

Mortgage P&I

67%

$2,177

Property Taxes

11%

$343

Home Insurance

5%

$158

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$356

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