REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,601 (target)

5281 FORBES TERRACE, Pt Charlotte, FL 33981

3 beds • 3 baths • 1991 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.52% first-year return on $85,494 initial cash invested.

-9.52%

Cash On Cash

4.5%

Cap Rate

0.68

DSCR

$2,601

Rent

-$678

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,601 income − $3,279 expenses = $678 out of pocket

Income$2,601Out of Pocket$678Mortgage P&I$1,77968%Property Taxes$49719%Insurance$1195%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%

Investment Breakdown

|

Purchase Price

$321k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,494

Downpayment

20%

$64,280

Closing costs

1%

$3,214

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,601

Total Expenses

$3,279

Mortgage P&I

68%

$1,779

Property Taxes

19%

$497

Home Insurance

5%

$119

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis