REI Lense

REI Lense

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$1,709 (target)

852 Lamplighter Dr NW, Palm Bay, FL 32907

3 beds • 2 baths • 1056 sqft

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This property looks like a bad Long-Term investment with a projected -4.42% first-year return on $47,250 initial cash invested.

-4.42%

Cash On Cash

5.78%

Cap Rate

0.92

DSCR

$1,709

Rent

-$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,709 income − $1,883 expenses = $174 out of pocket

Income$1,709Out of Pocket$174Mortgage P&I$1,17269%Property Taxes$18811%Insurance$795%Management$17110%CapEx$855%Vacancy$1036%Maintenance$855%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,709

Total Expenses

$1,883

Mortgage P&I

69%

$1,172

Property Taxes

11%

$188

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$85

Vacancy

6%

$103

Maintenance

5%

$85

Other

0%

$0

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