REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,192 (target)

4156 Catgrass Ln, West Melbourne, FL 32904

3 beds • 2 baths • 1812 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.19% first-year return on $83,244 initial cash invested.

-11.19%

Cash On Cash

3.87%

Cap Rate

0.66

DSCR

$2,192

Rent

-$776

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,192 income − $2,968 expenses = $776 out of pocket

Income$2,192Out of Pocket$776Mortgage P&I$1,94589%Property Taxes$502%Insurance$1406%HOA$26212%Management$21910%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

|

Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,244

Downpayment

20%

$79,280

Closing costs

1%

$3,964

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,192

Total Expenses

$2,968

Mortgage P&I

89%

$1,945

Property Taxes

2%

$50

Home Insurance

6%

$140

HOA

12%

$262

Property Management

10%

$219

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis