REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,918 (target)

4921 NE 23rd Avenue, Lighthouse Pt, FL 33064

3 beds • 2 baths • 1496 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.39% first-year return on $176k initial cash invested.

-2.39%

Cash On Cash

5.83%

Cap Rate

0.98

DSCR

$6,918

Rent

-$349

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,918 income − $7,267 expenses = $349 out of pocket

Income$6,918Out of Pocket$349Mortgage P&I$3,71554%Property Taxes$92113%Insurance$2784%Management$83012%CapEx$2774%Vacancy$2083%Maintenance$2774%Other$76111%

Investment Breakdown

|

Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$150k

Closing costs

1%

$7,503

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,918

Total Expenses

$7,267

Mortgage P&I

54%

$3,715

Property Taxes

13%

$921

Home Insurance

4%

$278

HOA

0%

$0

Property Management

12%

$830

CapEx

4%

$277

Vacancy

3%

$208

Maintenance

4%

$277

Other

11%

$761

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis