REI Lense

REI Lense

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$3,609 (target)

696 Saybrook St, Port Orange, FL 32127

3 beds • 2 baths • 1738 sqft

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This property might be a fair Mid-Term investment with a projected 5.99% first-year return on $87,804 initial cash invested.

5.99%

Cash On Cash

7.92%

Cap Rate

1.36

DSCR

$3,609

Rent

$438

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,804

Downpayment

20%

$66,480

Closing costs

1%

$3,324

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,609

Total Expenses

$3,171

Mortgage P&I

45%

$1,612

Property Taxes

6%

$211

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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