REI Lense

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$2,120 (target)

530 LINDLEY TERRACE, Pt Charlotte, FL 33952

3 beds • 2 baths • 1556 sqft

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This property looks like a bad Long-Term investment with a projected -12.2% first-year return on $68,334 initial cash invested.

-12.2%

Cash On Cash

4.2%

Cap Rate

0.66

DSCR

$2,120

Rent

-$695

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,120 income − $2,815 expenses = $695 out of pocket

Income$2,120Out of Pocket$695Mortgage P&I$1,72982%Property Taxes$41620%Insurance$1196%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,334

Downpayment

20%

$65,080

Closing costs

1%

$3,254

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,120

Total Expenses

$2,815

Mortgage P&I

82%

$1,729

Property Taxes

20%

$416

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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