REI Lense

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$2,371 (target)

6212 42 AVENUE N, Saint Petersburg, FL 33709

3 beds • 2 baths • 1530 sqft

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This property looks like a bad Long-Term investment with a projected -14.07% first-year return on $87,150 initial cash invested.

-14.07%

Cash On Cash

3.72%

Cap Rate

0.59

DSCR

$2,371

Rent

-$1,022

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,371 income − $3,393 expenses = $1,022 out of pocket

Income$2,371Out of Pocket$1,022Mortgage P&I$2,19192%Property Taxes$44019%Insurance$1456%Management$23710%CapEx$1195%Vacancy$1426%Maintenance$1195%

Investment Breakdown

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Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,150

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,371

Total Expenses

$3,393

Mortgage P&I

92%

$2,191

Property Taxes

19%

$440

Home Insurance

6%

$145

HOA

0%

$0

Property Management

10%

$237

CapEx

5%

$119

Vacancy

6%

$142

Maintenance

5%

$119

Other

0%

$0

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