REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,308 (target)

756 W Baffin Dr, Venice, FL 34293

3 beds • 2 baths • 1640 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.05% first-year return on $94,500 initial cash invested.

-12.05%

Cash On Cash

3.69%

Cap Rate

0.62

DSCR

$2,308

Rent

-$949

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,308 income − $3,257 expenses = $949 out of pocket

Income$2,308Out of Pocket$949Mortgage P&I$2,21996%Property Taxes$28112%Insurance$1587%Management$23110%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,500

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,308

Total Expenses

$3,257

Mortgage P&I

96%

$2,219

Property Taxes

12%

$281

Home Insurance

7%

$158

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis