REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,976 (target)

4629 PALMETTO DRIVE, Winter Haven, FL 33881

3 beds • 2 baths • 1558 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.84% first-year return on $84,108 initial cash invested.

-2.84%

Cash On Cash

6.03%

Cap Rate

0.95

DSCR

$2,976

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,976 income − $3,175 expenses = $199 out of pocket

Income$2,976Out of Pocket$199Mortgage P&I$1,66256%Property Taxes$39013%Insurance$1124%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,108

Downpayment

20%

$62,960

Closing costs

1%

$3,148

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,976

Total Expenses

$3,175

Mortgage P&I

56%

$1,662

Property Taxes

13%

$390

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis