REI Lense

REI Lense

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$2,754 (target)

5193 Bridge Rd, Cocoa, FL 32927

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Long-Term investment with a projected -4.83% first-year return on $83,160 initial cash invested.

-4.83%

Cash On Cash

5.78%

Cap Rate

0.91

DSCR

$2,754

Rent

-$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,754 income − $3,089 expenses = $335 out of pocket

Income$2,754Out of Pocket$335Mortgage P&I$2,10476%Property Taxes$1265%Insurance$1435%Management$27510%CapEx$1385%Vacancy$1656%Maintenance$1385%

Investment Breakdown

|

Purchase Price

$396k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,160

Downpayment

20%

$79,200

Closing costs

1%

$3,960

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,754

Total Expenses

$3,089

Mortgage P&I

76%

$2,104

Property Taxes

5%

$126

Home Insurance

5%

$143

HOA

0%

$0

Property Management

10%

$275

CapEx

5%

$138

Vacancy

6%

$165

Maintenance

5%

$138

Other

0%

$0

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