REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,111 (target)

685 Naples Ct, West Melbourne, FL 32904

3 beds • 2 baths • 1936 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.45% first-year return on $95,133 initial cash invested.

-6.45%

Cash On Cash

4.67%

Cap Rate

0.79

DSCR

$3,111

Rent

-$511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,111 income − $3,622 expenses = $511 out of pocket

Income$3,111Out of Pocket$511Mortgage P&I$1,81658%Property Taxes$36712%Insurance$1334%HOA$2508%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,133

Downpayment

20%

$73,460

Closing costs

1%

$3,673

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,111

Total Expenses

$3,622

Mortgage P&I

58%

$1,816

Property Taxes

12%

$367

Home Insurance

4%

$133

HOA

8%

$250

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis