REI Lense

REI Lense

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$1,649 (target)

4545 Wesley Dr, Tallahassee, FL 32303

3 beds • 2 baths • 1226 sqft

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This property looks like a bad Long-Term investment with a projected -10.17% first-year return on $48,846 initial cash invested.

-10.17%

Cash On Cash

4.78%

Cap Rate

0.74

DSCR

$1,649

Rent

-$414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,649 income − $2,063 expenses = $414 out of pocket

Income$1,649Out of Pocket$414Mortgage P&I$1,25876%Property Taxes$28417%Insurance$825%HOA$111%Management$16510%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

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Purchase Price

$233k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,846

Downpayment

20%

$46,520

Closing costs

1%

$2,326

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,649

Total Expenses

$2,063

Mortgage P&I

76%

$1,258

Property Taxes

17%

$284

Home Insurance

5%

$82

HOA

1%

$11

Property Management

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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