REI Lense

REI Lense

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$1,972 (target)

839 Custer St NW, Palm Bay, FL 32907

3 beds • 2 baths • 1025 sqft

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This property might be a fair Long-Term investment with a projected 0.5% first-year return on $45,906 initial cash invested.

0.5%

Cash On Cash

6.99%

Cap Rate

1.1

DSCR

$1,972

Rent

$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,972 income − $1,953 expenses = $19 cash flow

Income$1,972Mortgage P&I$1,15659%Property Taxes$20510%Insurance$794%Management$19710%CapEx$995%Vacancy$1186%Maintenance$995%Cash Flow$19

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,906

Downpayment

20%

$43,720

Closing costs

1%

$2,186

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,972

Total Expenses

$1,953

Mortgage P&I

59%

$1,156

Property Taxes

10%

$205

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$99

Vacancy

6%

$118

Maintenance

5%

$99

Other

0%

$0

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