REI Lense

REI Lense

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$2,349 (target)

5 EDWIN Lane, Palm Coast, FL 32164

3 beds • 2 baths • 1957 sqft

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This property looks like a bad Long-Term investment with a projected -8.02% first-year return on $67,494 initial cash invested.

-8.02%

Cash On Cash

5.1%

Cap Rate

0.8

DSCR

$2,349

Rent

-$451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,349 income − $2,800 expenses = $451 out of pocket

Income$2,349Out of Pocket$451Mortgage P&I$1,70072%Property Taxes$37416%Insurance$1165%Management$23510%CapEx$1175%Vacancy$1416%Maintenance$1175%

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,494

Downpayment

20%

$64,280

Closing costs

1%

$3,214

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,349

Total Expenses

$2,800

Mortgage P&I

72%

$1,700

Property Taxes

16%

$374

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$235

CapEx

5%

$117

Vacancy

6%

$141

Maintenance

5%

$117

Other

0%

$0

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