REI Lense

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$3,748 (target)

8406 47th Street Cir E, Palmetto, FL 34221

3 beds • 3 baths • 2034 sqft

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This property looks like a bad Mid-Term investment with a projected -0.06% first-year return on $94,335 initial cash invested.

-0.06%

Cash On Cash

7.11%

Cap Rate

1.07

DSCR

$3,748

Rent

-$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,748 income − $3,753 expenses = $5 out of pocket

Income$3,748Out of Pocket$5Mortgage P&I$2,00854%Property Taxes$2487%Insurance$1313%HOA$922%Management$45012%CapEx$1504%Vacancy$1123%Maintenance$1504%Other$41211%

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,335

Downpayment

20%

$72,700

Closing costs

1%

$3,635

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,748

Total Expenses

$3,753

Mortgage P&I

54%

$2,008

Property Taxes

7%

$248

Home Insurance

4%

$131

HOA

2%

$92

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$412

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