REI Lense

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$2,326 (target)

517 Illinois Ave, Saint Cloud, FL 34769

3 beds • 2 baths • 1320 sqft

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This property looks like a bad Long-Term investment with a projected -3.91% first-year return on $70,308 initial cash invested.

-3.91%

Cash On Cash

5.62%

Cap Rate

0.93

DSCR

$2,326

Rent

-$229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,326 income − $2,555 expenses = $229 out of pocket

Income$2,326Out of Pocket$229Mortgage P&I$1,68272%Property Taxes$1496%Insurance$1195%Management$23310%CapEx$1165%Vacancy$1406%Maintenance$1165%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,308

Downpayment

20%

$66,960

Closing costs

1%

$3,348

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,326

Total Expenses

$2,555

Mortgage P&I

72%

$1,682

Property Taxes

6%

$149

Home Insurance

5%

$119

HOA

0%

$0

Property Management

10%

$233

CapEx

5%

$116

Vacancy

6%

$140

Maintenance

5%

$116

Other

0%

$0

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