REI Lense

REI Lense

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$3,434 (target)

578 COURTNEY CHASE Drive, Saint Augustine, FL 32092

3 beds • 3 baths • 2096 sqft

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This property looks like a bad Long-Term investment with a projected -11.5% first-year return on $142k initial cash invested.

-11.5%

Cash On Cash

3.83%

Cap Rate

0.64

DSCR

$3,434

Rent

-$1,359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,434 income − $4,793 expenses = $1,359 out of pocket

Income$3,434Out of Pocket$1,359Mortgage P&I$3,34297%Property Taxes$1685%Insurance$2367%HOA$1544%Management$34310%CapEx$1725%Vacancy$2066%Maintenance$1725%

Investment Breakdown

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Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$135k

Closing costs

1%

$6,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,434

Total Expenses

$4,793

Mortgage P&I

97%

$3,342

Property Taxes

5%

$168

Home Insurance

7%

$236

HOA

4%

$154

Property Management

10%

$343

CapEx

5%

$172

Vacancy

6%

$206

Maintenance

5%

$172

Other

0%

$0

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