REI Lense

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914 Sierra Pl NE, Palm Bay, FL 32907

3 beds • 3 baths • 2335 sqft

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This property looks like a bad Long-Term investment with a projected -9.22% first-year return on $92,274 initial cash invested.

-9.22%

Cash On Cash

4.21%

Cap Rate

0.72

DSCR

$2,385

Rent

-$709

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,274

Downpayment

20%

$87,880

Closing costs

1%

$4,394

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,385

Total Expenses

$3,094

Mortgage P&I

89%

$2,130

Property Taxes

8%

$196

Home Insurance

6%

$149

HOA

0%

$0

Property Management

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

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