REI Lense

REI Lense

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$4,115 (target)

5410 61ST ST E, Bradenton, FL 34203

3 beds • 2 baths • 2544 sqft

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This property looks like a bad Long-Term investment with a projected -11.58% first-year return on $154k initial cash invested.

-11.58%

Cash On Cash

3.9%

Cap Rate

0.65

DSCR

$4,115

Rent

-$1,483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,115 income − $5,598 expenses = $1,483 out of pocket

Income$4,115Out of Pocket$1,483Mortgage P&I$3,65689%Property Taxes$46611%Insurance$2707%HOA$1353%Management$41210%CapEx$2065%Vacancy$2476%Maintenance$2065%

Investment Breakdown

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Purchase Price

$732k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$146k

Closing costs

1%

$7,319

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,115

Total Expenses

$5,598

Mortgage P&I

89%

$3,656

Property Taxes

11%

$466

Home Insurance

7%

$270

HOA

3%

$135

Property Management

10%

$412

CapEx

5%

$206

Vacancy

6%

$247

Maintenance

5%

$206

Other

0%

$0

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