REI Lense

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$4,719 (target)

915 Dempsey St, Clearwater, FL 33756

3 beds • 3 baths • 1637 sqft

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This property might be a fair Mid-Term investment with a projected 7.44% first-year return on $98,031 initial cash invested.

7.44%

Cash On Cash

8.53%

Cap Rate

1.42

DSCR

$4,719

Rent

$608

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,719 income − $4,111 expenses = $608 cash flow

Income$4,719Mortgage P&I$1,91241%Property Taxes$45610%Insurance$1383%Management$56612%CapEx$1894%Vacancy$1423%Maintenance$1894%Other$51911%Cash Flow$608

Investment Breakdown

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Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,031

Downpayment

20%

$76,220

Closing costs

1%

$3,811

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,719

Total Expenses

$4,111

Mortgage P&I

41%

$1,912

Property Taxes

10%

$456

Home Insurance

3%

$138

HOA

0%

$0

Property Management

12%

$566

CapEx

4%

$189

Vacancy

3%

$142

Maintenance

4%

$189

Other

11%

$519

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