REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,772 (target)

6031 71st Ave N, Pinellas Park, FL 33781

3 beds • 2 baths • 1544 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $101k initial cash invested.

1.47%

Cash On Cash

6.88%

Cap Rate

1.14

DSCR

$3,772

Rent

$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,772 income − $3,649 expenses = $123 cash flow

Income$3,772Mortgage P&I$1,98553%Property Taxes$2507%Insurance$1313%Management$45312%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%Cash Flow$123

Investment Breakdown

|

Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,760

Closing costs

1%

$3,938

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,772

Total Expenses

$3,649

Mortgage P&I

53%

$1,985

Property Taxes

7%

$250

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis