REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,741 (target)

608 La Gorce Dr, Venice, FL 34293

3 beds • 2 baths • 1511 sqft

Email

This property could be a profitable Long-Term investment with a projected 11.35% first-year return on $74,928 initial cash invested.

11.35%

Cash On Cash

8.98%

Cap Rate

1.51

DSCR

$3,741

Rent

$709

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,741 income − $3,032 expenses = $709 cash flow

Income$3,741Mortgage P&I$1,77347%Property Taxes$1614%Insurance$1263%Management$37410%CapEx$1875%Vacancy$2246%Maintenance$1875%Cash Flow$709

Investment Breakdown

|

Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,928

Downpayment

20%

$71,360

Closing costs

1%

$3,568

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,741

Total Expenses

$3,032

Mortgage P&I

47%

$1,773

Property Taxes

4%

$161

Home Insurance

3%

$126

HOA

0%

$0

Property Management

10%

$374

CapEx

5%

$187

Vacancy

6%

$224

Maintenance

5%

$187

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis