REI Lense

REI Lense

Unlock all features! Tap here to upgrade

55 E Corkscrew Boulevard, Clewiston, FL 33440

3 beds • 3 baths • 1288 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.52% first-year return on $134k initial cash invested.

-13.52%

Cash On Cash

2.87%

Cap Rate

0.49

DSCR

$3,013

Rent

-$1,504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,013 income − $4,517 expenses = $1,504 out of pocket

Income$3,013Out of Pocket$1,504Mortgage P&I$2,69890%Property Taxes$1806%Insurance$1926%Management$45215%CapEx$1214%Maintenance$1214%Other$75325%

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,013

Total Expenses

$4,517

Mortgage P&I

90%

$2,698

Property Taxes

6%

$180

Home Insurance

6%

$192

HOA

0%

$0

Property Management

15%

$452

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$753

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis