REI Lense

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$4,188 (target)

714 Allison Ave, Davenport, FL 33897

3 beds • 2 baths • 1682 sqft

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This property might be a fair Mid-Term investment with a projected 8.68% first-year return on $87,678 initial cash invested.

8.68%

Cash On Cash

8.84%

Cap Rate

1.49

DSCR

$4,188

Rent

$634

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,188 income − $3,554 expenses = $634 cash flow

Income$4,188Mortgage P&I$1,64139%Property Taxes$3248%Insurance$1193%HOA$441%Management$50312%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46111%Cash Flow$634

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,678

Downpayment

20%

$66,360

Closing costs

1%

$3,318

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,188

Total Expenses

$3,554

Mortgage P&I

39%

$1,641

Property Taxes

8%

$324

Home Insurance

3%

$119

HOA

1%

$44

Property Management

12%

$503

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$461

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