REI Lense

REI Lense

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$2,738 (target)

465 E Seminole Dr, Venice, FL 34293

3 beds • 2 baths • 1611 sqft

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This property might be a fair Long-Term investment with a projected 0.45% first-year return on $66,549 initial cash invested.

0.45%

Cash On Cash

6.63%

Cap Rate

1.1

DSCR

$2,738

Rent

$25

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,738 income − $2,713 expenses = $25 cash flow

Income$2,738Mortgage P&I$1,59058%Property Taxes$29511%Insurance$1164%Management$27410%CapEx$1375%Vacancy$1646%Maintenance$1375%Cash Flow$25

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,549

Downpayment

20%

$63,380

Closing costs

1%

$3,169

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,738

Total Expenses

$2,713

Mortgage P&I

58%

$1,590

Property Taxes

11%

$295

Home Insurance

4%

$116

HOA

0%

$0

Property Management

10%

$274

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

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