REI Lense

REI Lense

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$1,858 (target)

6202 Piedmont Dr, Spring Hill, FL 34606

3 beds • 2 baths • 1246 sqft

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This property looks like a bad Long-Term investment with a projected -5.19% first-year return on $49,497 initial cash invested.

-5.19%

Cash On Cash

5.76%

Cap Rate

0.9

DSCR

$1,858

Rent

-$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,858 income − $2,072 expenses = $214 out of pocket

Income$1,858Out of Pocket$214Mortgage P&I$1,25367%Property Taxes$25214%Insurance$845%Management$18610%CapEx$935%Vacancy$1116%Maintenance$935%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,497

Downpayment

20%

$47,140

Closing costs

1%

$2,357

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,858

Total Expenses

$2,072

Mortgage P&I

67%

$1,253

Property Taxes

14%

$252

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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