REI Lense

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$5,876 (target)

7564 SE BAY CEDAR Circle, Hobe Sound, FL 33455

3 beds • 2 baths • 2017 sqft

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This property might be a fair Mid-Term investment with a projected 3.39% first-year return on $130k initial cash invested.

3.39%

Cash On Cash

7.48%

Cap Rate

1.22

DSCR

$5,876

Rent

$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,876 income − $5,509 expenses = $367 cash flow

Income$5,876Mortgage P&I$2,72746%Property Taxes$2725%Insurance$1963%HOA$3175%Management$70512%CapEx$2354%Vacancy$1763%Maintenance$2354%Other$64611%Cash Flow$367

Investment Breakdown

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Purchase Price

$534k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,338

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,876

Total Expenses

$5,509

Mortgage P&I

46%

$2,727

Property Taxes

5%

$272

Home Insurance

3%

$196

HOA

5%

$317

Property Management

12%

$705

CapEx

4%

$235

Vacancy

3%

$176

Maintenance

4%

$235

Other

11%

$646

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