REI Lense

REI Lense

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$2,160 (target)

6416 Borg St, Leesburg, FL 34748

3 beds • 2 baths • 1853 sqft

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This property looks like a bad Long-Term investment with a projected -5.12% first-year return on $61,887 initial cash invested.

-5.12%

Cash On Cash

5.29%

Cap Rate

0.89

DSCR

$2,160

Rent

-$264

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,160 income − $2,424 expenses = $264 out of pocket

Income$2,160Out of Pocket$264Mortgage P&I$1,45467%Property Taxes$1718%Insurance$1025%HOA$1356%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,887

Downpayment

20%

$58,940

Closing costs

1%

$2,947

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,160

Total Expenses

$2,424

Mortgage P&I

67%

$1,454

Property Taxes

8%

$171

Home Insurance

5%

$102

HOA

6%

$135

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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