REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,412 (target)

4854 Borealis Ct, Melbourne, FL 32940

3 beds • 2 baths • 1959 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.01% first-year return on $111k initial cash invested.

-1.01%

Cash On Cash

6.31%

Cap Rate

1.04

DSCR

$4,412

Rent

-$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,412 income − $4,505 expenses = $93 out of pocket

Income$4,412Out of Pocket$93Mortgage P&I$2,24351%Property Taxes$54512%Insurance$1594%HOA$601%Management$52912%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48511%

Investment Breakdown

|

Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,440

Closing costs

1%

$4,422

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,412

Total Expenses

$4,505

Mortgage P&I

51%

$2,243

Property Taxes

12%

$545

Home Insurance

4%

$159

HOA

1%

$60

Property Management

12%

$529

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$485

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis