REI Lense

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$2,420 (target)

5108 BUTTERFLY SHELL DRIVE, Apollo Beach, FL 33572

3 beds • 2 baths • 2024 sqft

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This property looks like a bad Long-Term investment with a projected -15.14% first-year return on $78,603 initial cash invested.

-15.14%

Cash On Cash

3.43%

Cap Rate

0.55

DSCR

$2,420

Rent

-$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,420 income − $3,412 expenses = $992 out of pocket

Income$2,420Out of Pocket$992Mortgage P&I$1,94180%Property Taxes$69729%Insurance$1356%HOA$10Management$24210%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,603

Downpayment

20%

$74,860

Closing costs

1%

$3,743

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,420

Total Expenses

$3,412

Mortgage P&I

80%

$1,941

Property Taxes

29%

$697

Home Insurance

6%

$135

HOA

0%

$10

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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