REI Lense

REI Lense

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$3,306 (target)

4130 70th Street Cir E, Palmetto, FL 34221

3 beds • 2 baths • 1652 sqft

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This property might be a fair Mid-Term investment with a projected 0.89% first-year return on $94,713 initial cash invested.

0.89%

Cash On Cash

6.53%

Cap Rate

1.11

DSCR

$3,306

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,713

Downpayment

20%

$73,060

Closing costs

1%

$3,653

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,306

Total Expenses

$3,236

Mortgage P&I

54%

$1,787

Property Taxes

3%

$108

Home Insurance

4%

$132

HOA

3%

$85

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

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