REI Lense

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$4,022 (target)

7276 21st St N, Saint Petersburg, FL 33702

3 beds • 2 baths • 1338 sqft

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This property might be a fair Mid-Term investment with a projected 7.46% first-year return on $94,923 initial cash invested.

7.46%

Cash On Cash

8.34%

Cap Rate

1.42

DSCR

$4,022

Rent

$590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,022 income − $3,432 expenses = $590 cash flow

Income$4,022Mortgage P&I$1,79445%Property Taxes$1403%Insurance$1303%Management$48312%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44211%Cash Flow$590

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,923

Downpayment

20%

$73,260

Closing costs

1%

$3,663

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,022

Total Expenses

$3,432

Mortgage P&I

45%

$1,794

Property Taxes

3%

$140

Home Insurance

3%

$130

HOA

0%

$0

Property Management

12%

$483

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$442

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