REI Lense

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$2,609 (target)

923 Hatteras Ave, Minneola, FL 34715

3 beds • 2 baths • 1581 sqft

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This property looks like a bad Long-Term investment with a projected -5.54% first-year return on $79,107 initial cash invested.

-5.54%

Cash On Cash

5.27%

Cap Rate

0.88

DSCR

$2,609

Rent

-$365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,609 income − $2,974 expenses = $365 out of pocket

Income$2,609Out of Pocket$365Mortgage P&I$1,89072%Property Taxes$2158%Insurance$1355%HOA$562%Management$26110%CapEx$1305%Vacancy$1576%Maintenance$1305%

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,107

Downpayment

20%

$75,340

Closing costs

1%

$3,767

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,609

Total Expenses

$2,974

Mortgage P&I

72%

$1,890

Property Taxes

8%

$215

Home Insurance

5%

$135

HOA

2%

$56

Property Management

10%

$261

CapEx

5%

$130

Vacancy

6%

$157

Maintenance

5%

$130

Other

0%

$0

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