REI Lense

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$1,827 (target)

415 HIAWATHA AVENUE, Inverness, FL 34452

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Long-Term investment with a projected -8.05% first-year return on $58,737 initial cash invested.

-8.05%

Cash On Cash

4.83%

Cap Rate

0.79

DSCR

$1,827

Rent

-$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,827 income − $2,221 expenses = $394 out of pocket

Income$1,827Out of Pocket$394Mortgage P&I$1,42878%Property Taxes$20411%Insurance$1146%Management$18310%CapEx$915%Vacancy$1106%Maintenance$915%

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,737

Downpayment

20%

$55,940

Closing costs

1%

$2,797

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,827

Total Expenses

$2,221

Mortgage P&I

78%

$1,428

Property Taxes

11%

$204

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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