REI Lense

REI Lense

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$2,133 (target)

4588 Parker Ave, Rockledge, FL 32955

3 beds • 2 baths • 1250 sqft

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This property might be a fair Long-Term investment with a projected 0.66% first-year return on $56,112 initial cash invested.

0.66%

Cash On Cash

6.56%

Cap Rate

1.1

DSCR

$2,133

Rent

$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,133 income − $2,102 expenses = $31 cash flow

Income$2,133Mortgage P&I$1,32262%Property Taxes$1276%Insurance$985%Management$21310%CapEx$1075%Vacancy$1286%Maintenance$1075%Cash Flow$31

Investment Breakdown

|

Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,112

Downpayment

20%

$53,440

Closing costs

1%

$2,672

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,133

Total Expenses

$2,102

Mortgage P&I

62%

$1,322

Property Taxes

6%

$127

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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