REI Lense

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$2,412 (target)

602 Caribou Ct, Poinciana, FL 34759

3 beds • 2 baths • 1295 sqft

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This property might be a fair Mid-Term investment with a projected 4.25% first-year return on $61,554 initial cash invested.

4.25%

Cash On Cash

8.16%

Cap Rate

1.29

DSCR

$2,412

Rent

$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,412 income − $2,194 expenses = $218 cash flow

Income$2,412Mortgage P&I$1,09645%Property Taxes$1064%Insurance$743%HOA$1004%Management$28912%CapEx$964%Vacancy$723%Maintenance$964%Other$26511%Cash Flow$218

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,554

Downpayment

20%

$41,480

Closing costs

1%

$2,074

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,412

Total Expenses

$2,194

Mortgage P&I

45%

$1,096

Property Taxes

4%

$106

Home Insurance

3%

$74

HOA

4%

$100

Property Management

12%

$289

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$265

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