REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,342 (target)

7222 Lake Forest Gln, Lakewood Ranch, FL 34202

3 beds • 3 baths • 2756 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.24% first-year return on $198k initial cash invested.

-8.24%

Cash On Cash

4.61%

Cap Rate

0.78

DSCR

$6,342

Rent

-$1,363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,342 income − $7,705 expenses = $1,363 out of pocket

Income$6,342Out of Pocket$1,363Mortgage P&I$4,67974%Property Taxes$82713%Insurance$3485%HOA$2023%Management$63410%CapEx$3175%Vacancy$3816%Maintenance$3175%

Investment Breakdown

|

Purchase Price

$945k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$198k

Downpayment

20%

$189k

Closing costs

1%

$9,449

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,342

Total Expenses

$7,705

Mortgage P&I

74%

$4,679

Property Taxes

13%

$827

Home Insurance

5%

$348

HOA

3%

$202

Property Management

10%

$634

CapEx

5%

$317

Vacancy

6%

$381

Maintenance

5%

$317

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis