REI Lense

REI Lense

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$1,870 (target)

710 Alexander Ave, Deltona, FL 32725

3 beds • 2 baths • 1294 sqft

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This property looks like a bad Long-Term investment with a projected -2.01% first-year return on $54,264 initial cash invested.

-2.01%

Cash On Cash

5.93%

Cap Rate

1

DSCR

$1,870

Rent

-$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,870 income − $1,961 expenses = $91 out of pocket

Income$1,870Out of Pocket$91Mortgage P&I$1,27468%Property Taxes$1025%Insurance$985%Management$18710%CapEx$945%Vacancy$1126%Maintenance$945%

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,264

Downpayment

20%

$51,680

Closing costs

1%

$2,584

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,870

Total Expenses

$1,961

Mortgage P&I

68%

$1,274

Property Taxes

5%

$102

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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