REI Lense

REI Lense

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$2,058 (target)

4906 Lester Rd, Tallahassee, FL 32317

3 beds • 2 baths • 1445 sqft

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This property looks like a bad Long-Term investment with a projected -4.77% first-year return on $56,322 initial cash invested.

-4.77%

Cash On Cash

5.83%

Cap Rate

0.92

DSCR

$2,058

Rent

-$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,058 income − $2,282 expenses = $224 out of pocket

Income$2,058Out of Pocket$224Mortgage P&I$1,42469%Property Taxes$22711%Insurance$965%Management$20610%CapEx$1035%Vacancy$1236%Maintenance$1035%

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,322

Downpayment

20%

$53,640

Closing costs

1%

$2,682

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,058

Total Expenses

$2,282

Mortgage P&I

69%

$1,424

Property Taxes

11%

$227

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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