REI Lense

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$3,912 (target)

7061 OVENBIRD ROAD, Weeki Wachee, FL 34613

3 beds • 2 baths • 2233 sqft

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This property might be a fair Mid-Term investment with a projected 8.32% first-year return on $91,983 initial cash invested.

8.32%

Cash On Cash

8.77%

Cap Rate

1.45

DSCR

$3,912

Rent

$638

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,912 income − $3,274 expenses = $638 cash flow

Income$3,912Mortgage P&I$1,78246%Property Taxes$381%Insurance$1263%Management$46912%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$43011%Cash Flow$638

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,983

Downpayment

20%

$70,460

Closing costs

1%

$3,523

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,912

Total Expenses

$3,274

Mortgage P&I

46%

$1,782

Property Taxes

1%

$38

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$469

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$430

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