REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,743 (target)

455 Kennebec St, Merritt Island, FL 32952

3 beds • 2 baths • 1757 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.23% first-year return on $116k initial cash invested.

4.23%

Cash On Cash

7.66%

Cap Rate

1.25

DSCR

$4,743

Rent

$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,743 income − $4,335 expenses = $408 cash flow

Income$4,743Mortgage P&I$2,37050%Property Taxes$1894%Insurance$1633%Management$56912%CapEx$1904%Vacancy$1423%Maintenance$1904%Other$52211%Cash Flow$408

Investment Breakdown

|

Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$92,980

Closing costs

1%

$4,649

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,743

Total Expenses

$4,335

Mortgage P&I

50%

$2,370

Property Taxes

4%

$189

Home Insurance

3%

$163

HOA

0%

$0

Property Management

12%

$569

CapEx

4%

$190

Vacancy

3%

$142

Maintenance

4%

$190

Other

11%

$522

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis