REI Lense

REI Lense

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$2,888 (target)

784 87th Ave N, Saint Petersburg, FL 33702

3 beds • 2 baths • 1080 sqft

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This property looks like a bad Long-Term investment with a projected -3.99% first-year return on $75,138 initial cash invested.

-3.99%

Cash On Cash

5.63%

Cap Rate

0.94

DSCR

$2,888

Rent

-$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,138

Downpayment

20%

$71,560

Closing costs

1%

$3,578

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,888

Total Expenses

$3,138

Mortgage P&I

62%

$1,784

Property Taxes

16%

$473

Home Insurance

5%

$131

HOA

0%

$0

Property Management

10%

$289

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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