REI Lense

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$3,411 (target)

4240 Rocky Ridge Pl, Sanford, FL 32773

3 beds • 2 baths • 1839 sqft

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This property might be a fair Mid-Term investment with a projected 1.27% first-year return on $98,955 initial cash invested.

1.27%

Cash On Cash

6.69%

Cap Rate

1.13

DSCR

$3,411

Rent

$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,411 income − $3,306 expenses = $105 cash flow

Income$3,411Mortgage P&I$1,90956%Property Taxes$923%Insurance$1384%HOA$9Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$105

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,955

Downpayment

20%

$77,100

Closing costs

1%

$3,855

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,411

Total Expenses

$3,306

Mortgage P&I

56%

$1,909

Property Taxes

3%

$92

Home Insurance

4%

$138

HOA

0%

$9

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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