REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,015 (target)

971 Eldron Blvd SE, Palm Bay, FL 32909

3 beds • 2 baths • 1432 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.24% first-year return on $81,105 initial cash invested.

-1.24%

Cash On Cash

6.79%

Cap Rate

1.02

DSCR

$3,015

Rent

-$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,015 income − $3,099 expenses = $84 out of pocket

Income$3,015Out of Pocket$84Mortgage P&I$1,66355%Property Taxes$30310%Insurance$1074%Management$36212%CapEx$1214%Vacancy$903%Maintenance$1214%Other$33211%

Investment Breakdown

|

Purchase Price

$301k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,105

Downpayment

20%

$60,100

Closing costs

1%

$3,005

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,015

Total Expenses

$3,099

Mortgage P&I

55%

$1,663

Property Taxes

10%

$303

Home Insurance

4%

$107

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$90

Maintenance

4%

$121

Other

11%

$332

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis