REI Lense

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$2,636 (target)

414 Flamingo Ct, Poinciana, FL 34759

3 beds • 2 baths • 1235 sqft

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This property might be a fair Mid-Term investment with a projected 1.37% first-year return on $69,366 initial cash invested.

1.37%

Cash On Cash

7.25%

Cap Rate

1.14

DSCR

$2,636

Rent

$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,636 income − $2,557 expenses = $79 cash flow

Income$2,636Mortgage P&I$1,29449%Property Taxes$1817%Insurance$873%HOA$1004%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$29011%Cash Flow$79

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,366

Downpayment

20%

$48,920

Closing costs

1%

$2,446

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,636

Total Expenses

$2,557

Mortgage P&I

49%

$1,294

Property Taxes

7%

$181

Home Insurance

3%

$87

HOA

4%

$100

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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