REI Lense

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$2,811 (target)

6022 Sweet Birch Dr, Riverview, FL 33578

3 beds • 3 baths • 2660 sqft

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This property looks like a bad Long-Term investment with a projected -12.76% first-year return on $79,002 initial cash invested.

-12.76%

Cash On Cash

3.79%

Cap Rate

0.63

DSCR

$2,811

Rent

-$840

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,811 income − $3,651 expenses = $840 out of pocket

Income$2,811Out of Pocket$840Mortgage P&I$1,88767%Property Taxes$68124%Insurance$1355%HOA$2168%Management$28110%CapEx$1415%Vacancy$1696%Maintenance$1415%

Investment Breakdown

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Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,002

Downpayment

20%

$75,240

Closing costs

1%

$3,762

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,811

Total Expenses

$3,651

Mortgage P&I

67%

$1,887

Property Taxes

24%

$681

Home Insurance

5%

$135

HOA

8%

$216

Property Management

10%

$281

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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