REI Lense

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$2,399 (target)

6328 SPARKLING WAY, Wesley Chapel, FL 33545

3 beds • 2 baths • 1847 sqft

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This property looks like a bad Long-Term investment with a projected -12.04% first-year return on $77,448 initial cash invested.

-12.04%

Cash On Cash

4.08%

Cap Rate

0.66

DSCR

$2,399

Rent

-$777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,399 income − $3,176 expenses = $777 out of pocket

Income$2,399Out of Pocket$777Mortgage P&I$1,91280%Property Taxes$49821%Insurance$1336%HOA$9Management$24010%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,448

Downpayment

20%

$73,760

Closing costs

1%

$3,688

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,399

Total Expenses

$3,176

Mortgage P&I

80%

$1,912

Property Taxes

21%

$498

Home Insurance

6%

$133

HOA

0%

$9

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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