REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,804 (target)

9301 71ST AVENUE E, Palmetto, FL 34221

3 beds • 2 baths • 1808 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3% first-year return on $109k initial cash invested.

-3%

Cash On Cash

5.82%

Cap Rate

0.95

DSCR

$3,804

Rent

-$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,804 income − $4,077 expenses = $273 out of pocket

Income$3,804Out of Pocket$273Mortgage P&I$2,23159%Property Taxes$3489%Insurance$1584%HOA$481%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%

Investment Breakdown

|

Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,804

Total Expenses

$4,077

Mortgage P&I

59%

$2,231

Property Taxes

9%

$348

Home Insurance

4%

$158

HOA

1%

$48

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis