REI Lense

REI Lense

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$2,072 (target)

712 Bianca Drive NE, Palm Bay, FL 32905

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Long-Term investment with a projected -4.2% first-year return on $49,980 initial cash invested.

-4.2%

Cash On Cash

6.15%

Cap Rate

0.95

DSCR

$2,072

Rent

-$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,072 income − $2,247 expenses = $175 out of pocket

Income$2,072Out of Pocket$175Mortgage P&I$1,29162%Property Taxes$33416%Insurance$834%Management$20710%CapEx$1045%Vacancy$1246%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,980

Downpayment

20%

$47,600

Closing costs

1%

$2,380

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,072

Total Expenses

$2,247

Mortgage P&I

62%

$1,291

Property Taxes

16%

$334

Home Insurance

4%

$83

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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