REI Lense

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$3,008 (target)

5936 Lake Front Dr, Wesley Chapel, FL 33545

3 beds • 2 baths • 1292 sqft

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This property might be a fair Mid-Term investment with a projected 5.31% first-year return on $78,837 initial cash invested.

5.31%

Cash On Cash

7.82%

Cap Rate

1.33

DSCR

$3,008

Rent

$349

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,008 income − $2,659 expenses = $349 cash flow

Income$3,008Mortgage P&I$1,41947%Property Taxes$752%Insurance$1033%HOA$401%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%Cash Flow$349

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,837

Downpayment

20%

$57,940

Closing costs

1%

$2,897

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,008

Total Expenses

$2,659

Mortgage P&I

47%

$1,419

Property Taxes

2%

$75

Home Insurance

3%

$103

HOA

1%

$40

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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