REI Lense

REI Lense

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$2,274 (target)

4240 Rocky Ridge Pl, Sanford, FL 32773

3 beds • 2 baths • 1839 sqft

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This property looks like a bad Long-Term investment with a projected -6.89% first-year return on $80,955 initial cash invested.

-6.89%

Cash On Cash

4.85%

Cap Rate

0.82

DSCR

$2,274

Rent

-$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,274 income − $2,739 expenses = $465 out of pocket

Income$2,274Out of Pocket$465Mortgage P&I$1,90984%Property Taxes$924%Insurance$1386%HOA$9Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,955

Downpayment

20%

$77,100

Closing costs

1%

$3,855

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,274

Total Expenses

$2,739

Mortgage P&I

84%

$1,909

Property Taxes

4%

$92

Home Insurance

6%

$138

HOA

0%

$9

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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