REI Lense

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$4,668 (target)

7410 13th Ave W, Bradenton, FL 34209

3 beds • 2 baths • 1410 sqft

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This property might be a fair Mid-Term investment with a projected 8.87% first-year return on $94,209 initial cash invested.

8.87%

Cash On Cash

8.84%

Cap Rate

1.49

DSCR

$4,668

Rent

$696

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,668 income − $3,972 expenses = $696 cash flow

Income$4,668Mortgage P&I$1,79038%Property Taxes$4039%Insurance$1924%Management$56012%CapEx$1874%Vacancy$1403%Maintenance$1874%Other$51311%Cash Flow$696

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,209

Downpayment

20%

$72,580

Closing costs

1%

$3,629

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,668

Total Expenses

$3,972

Mortgage P&I

38%

$1,790

Property Taxes

9%

$403

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$560

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$513

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