REI Lense

REI Lense

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$2,369 (target)

5925 Spencer Parrish Rd, Parrish, FL 34219

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Long-Term investment with a projected -23.57% first-year return on $172k initial cash invested.

-23.57%

Cash On Cash

1.16%

Cap Rate

0.19

DSCR

$2,369

Rent

-$3,385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$821k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$164k

Closing costs

1%

$8,205

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,369

Total Expenses

$5,754

Mortgage P&I

171%

$4,057

Property Taxes

18%

$434

Home Insurance

27%

$648

HOA

0%

$0

Property Management

10%

$237

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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