REI Lense

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$3,081 (target)

506 N Warnell St, Plant City, FL 33563

3 beds • 2 baths • 1367 sqft

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This property looks like a bad Mid-Term investment with a projected -3.72% first-year return on $98,409 initial cash invested.

-3.72%

Cash On Cash

5.25%

Cap Rate

0.9

DSCR

$3,081

Rent

-$305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,409

Downpayment

20%

$76,580

Closing costs

1%

$3,829

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,081

Total Expenses

$3,386

Mortgage P&I

60%

$1,857

Property Taxes

11%

$346

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$339

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