REI Lense

REI Lense

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$2,108 (target)

755 John Carroll Ln, West Melbourne, FL 32904

3 beds • 2 baths • 1372 sqft

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This property looks like a bad Long-Term investment with a projected -11.21% first-year return on $72,450 initial cash invested.

-11.21%

Cash On Cash

4.34%

Cap Rate

0.69

DSCR

$2,108

Rent

-$677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,108 income − $2,785 expenses = $677 out of pocket

Income$2,108Out of Pocket$677Mortgage P&I$1,82186%Property Taxes$26613%Insurance$1216%HOA$301%Management$21110%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,108

Total Expenses

$2,785

Mortgage P&I

86%

$1,821

Property Taxes

13%

$266

Home Insurance

6%

$121

HOA

1%

$30

Property Management

10%

$211

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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