REI Lense

REI Lense

$2,731 (target)

6504 CARRINGTON SKY DRIVE, Apollo Beach, FL 33572

3 beds • 2 baths • 2658 sqft

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This property looks like a bad Long-Term investment with a projected -20.92% first-year return on $110k initial cash invested.

-20.92%

Cash On Cash

2.23%

Cap Rate

0.35

DSCR

$2,731

Rent

-$1,923

Cashflow

Cash Flow

$2,731 income − $4,654 expenses = $1,923 out of pocket

Income$2,731Out ofPocket$1,923P&I$2,760101%Taxes$95535%Insurance$2198%HOA$9Mgmt$27310%CapEx$1375%Vacancy$1646%Maint.$1375%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,253

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,731

Total Expenses

$4,654

Mortgage P&I

101%

$2,760

Property Taxes

35%

$955

Home Insurance

8%

$219

HOA

0%

$9

Property Management

10%

$273

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

See Apollo Beach, FL long-term rental market →

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