REI Lense

REI Lense

$4,096 (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 Mid-Term investment with a projected -11.61% first-year return on $128k initial cash invested.

-11.61%

Cash On Cash

3.84%

Cap Rate

0.61

DSCR

$4,096

Rent

-$1,241

Cashflow

Cash Flow

$4,096 income − $5,337 expenses = $1,241 out of pocket

Income$4,096Out ofPocket$1,241P&I$2,76067%Taxes$95523%Insurance$2195%HOA$9Mgmt$49212%CapEx$1644%Vacancy$1233%Maint.$1644%Other$45111%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,253

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,096

Total Expenses

$5,337

Mortgage P&I

67%

$2,760

Property Taxes

23%

$955

Home Insurance

5%

$219

HOA

0%

$9

Property Management

12%

$492

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$451

See Apollo Beach, FL mid-term rental market →

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