REI Lense

REI Lense

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$4,895 (target)

8932 Gulf St, Placida, FL 33946

3 beds • 2 baths • 1398 sqft

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This property looks like a bad Long-Term investment with a projected -2.93% first-year return on $126k initial cash invested.

-2.93%

Cash On Cash

5.84%

Cap Rate

0.98

DSCR

$4,895

Rent

-$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,895

Total Expenses

$5,202

Mortgage P&I

61%

$2,975

Property Taxes

15%

$743

Home Insurance

4%

$210

HOA

0%

$0

Property Management

10%

$490

CapEx

5%

$245

Vacancy

6%

$294

Maintenance

5%

$245

Other

0%

$0

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