REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,320 (target)

6116 Armada St, Tavares, FL 32778

3 beds • 2 baths • 1800 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.41% first-year return on $81,777 initial cash invested.

-1.41%

Cash On Cash

6.18%

Cap Rate

1.02

DSCR

$3,320

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,320 income − $3,416 expenses = $96 out of pocket

Income$3,320Out of Pocket$96Mortgage P&I$1,52846%Property Taxes$36111%Insurance$1163%HOA$2828%Management$39812%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36511%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,777

Downpayment

20%

$60,740

Closing costs

1%

$3,037

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,320

Total Expenses

$3,416

Mortgage P&I

46%

$1,528

Property Taxes

11%

$361

Home Insurance

3%

$116

HOA

8%

$282

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis