REI Lense

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$1,812 (target)

829 Evening Side Dr, Cocoa, FL 32922

3 beds • 2 baths • 1140 sqft

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This property could be a profitable Long-Term investment with a projected 26.61% first-year return on $26,066 initial cash invested.

26.61%

Cash On Cash

12.69%

Cap Rate

2.04

DSCR

$1,812

Rent

$578

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,812 income − $1,234 expenses = $578 cash flow

Income$1,812Mortgage P&I$64436%Property Taxes$754%Insurance$432%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$578

Investment Breakdown

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Purchase Price

$124k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,066

Downpayment

20%

$24,825

Closing costs

1%

$1,241

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,812

Total Expenses

$1,234

Mortgage P&I

36%

$644

Property Taxes

4%

$75

Home Insurance

2%

$43

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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