REI Lense

REI Lense

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$5,622 (target)

5689 Graceful Way, Delray Beach, FL 33484

3 beds • 2 baths • 1614 sqft

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This property looks like a bad Mid-Term investment with a projected -5.58% first-year return on $150k initial cash invested.

-5.58%

Cash On Cash

4.95%

Cap Rate

0.85

DSCR

$5,622

Rent

-$700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$631k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,305

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,622

Total Expenses

$6,322

Mortgage P&I

55%

$3,074

Property Taxes

13%

$727

Home Insurance

4%

$228

HOA

7%

$381

Property Management

12%

$675

CapEx

4%

$225

Vacancy

3%

$169

Maintenance

4%

$225

Other

11%

$618

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