REI Lense

REI Lense

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$4,165 (target)

682 Barnacle Ct, Englewood, FL 34223

3 beds • 2 baths • 2070 sqft

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This property looks like a bad Long-Term investment with a projected -2.18% first-year return on $100k initial cash invested.

-2.18%

Cash On Cash

6.16%

Cap Rate

1.01

DSCR

$4,165

Rent

-$182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,165 income − $4,347 expenses = $182 out of pocket

Income$4,165Out of Pocket$182Mortgage P&I$2,42958%Property Taxes$2787%Insurance$1754%HOA$3839%Management$41610%CapEx$2085%Vacancy$2506%Maintenance$2085%

Investment Breakdown

|

Purchase Price

$478k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$95,600

Closing costs

1%

$4,780

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,165

Total Expenses

$4,347

Mortgage P&I

58%

$2,429

Property Taxes

7%

$278

Home Insurance

4%

$175

HOA

9%

$383

Property Management

10%

$416

CapEx

5%

$208

Vacancy

6%

$250

Maintenance

5%

$208

Other

0%

$0

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