REI Lense

REI Lense

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$1,535 (target)

468 N Wheeler Ave, Inverness, FL 34453

3 beds • 2 baths • 1092 sqft

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This property might be a fair Long-Term investment with a projected 0.53% first-year return on $40,887 initial cash invested.

0.53%

Cash On Cash

6.72%

Cap Rate

1.1

DSCR

$1,535

Rent

$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,887

Downpayment

20%

$38,940

Closing costs

1%

$1,947

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,535

Total Expenses

$1,517

Mortgage P&I

65%

$995

Property Taxes

3%

$52

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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