REI Lense

REI Lense

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$1,963 (target)

60 Corkwood Blvd, Homosassa, FL 34446

3 beds • 2 baths • 2008 sqft

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This property looks like a bad Long-Term investment with a projected -7.85% first-year return on $71,379 initial cash invested.

-7.85%

Cash On Cash

4.89%

Cap Rate

0.79

DSCR

$1,963

Rent

-$467

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,963 income − $2,430 expenses = $467 out of pocket

Income$1,963Out of Pocket$467Mortgage P&I$1,75489%Property Taxes$362%Insurance$1196%HOA$111%Management$19610%CapEx$985%Vacancy$1186%Maintenance$985%

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,963

Total Expenses

$2,430

Mortgage P&I

89%

$1,754

Property Taxes

2%

$36

Home Insurance

6%

$119

HOA

1%

$11

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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