REI Lense

REI Lense

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$3,028 (target)

4095 Royal Palm Ave, Cocoa, FL 32926

3 beds • 2 baths • 1512 sqft

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This property could be a profitable Mid-Term investment with a projected 27.03% first-year return on $49,500 initial cash invested.

27.03%

Cash On Cash

16.09%

Cap Rate

2.59

DSCR

$3,028

Rent

$1,115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,028

Total Expenses

$1,913

Mortgage P&I

26%

$775

Property Taxes

2%

$57

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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