REI Lense

REI Lense

$2,411 (target)

8204 PELICAN REED CIRCLE, Wesley Chapel, FL 33545

3 beds • 2 baths • 1516 sqft

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This property looks like a bad Long-Term investment with a projected -15.48% first-year return on $69,909 initial cash invested.

-15.48%

Cash On Cash

3.79%

Cap Rate

0.57

DSCR

$2,411

Rent

-$902

Cashflow

Cash Flow

$2,411 income − $3,313 expenses = $902 out of pocket

Income$2,411Out ofPocket$902P&I$1,83376%Taxes$61025%Insurance$1175%HOA$1255%Mgmt$24110%CapEx$1215%Vacancy$1456%Maint.$1215%

Investment Breakdown

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Purchase Price

$333k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,909

Downpayment

20%

$66,580

Closing costs

1%

$3,329

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,411

Total Expenses

$3,313

Mortgage P&I

76%

$1,833

Property Taxes

25%

$610

Home Insurance

5%

$117

HOA

5%

$125

Property Management

10%

$241

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

See Wesley Chapel, FL long-term rental market →

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