REI Lense

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$2,065 (target)

511 30th St E, Palmetto, FL 34221

3 beds • 2 baths • 1070 sqft

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This property looks like a bad Long-Term investment with a projected -0.17% first-year return on $49,182 initial cash invested.

-0.17%

Cash On Cash

6.74%

Cap Rate

1.08

DSCR

$2,065

Rent

-$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,065 income − $2,072 expenses = $7 out of pocket

Income$2,065Out of Pocket$7Mortgage P&I$1,22059%Property Taxes$23912%Insurance$774%Management$20610%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$234k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,182

Downpayment

20%

$46,840

Closing costs

1%

$2,342

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,065

Total Expenses

$2,072

Mortgage P&I

59%

$1,220

Property Taxes

12%

$239

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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