REI Lense

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$2,807 (target)

98 Country Club Rd, Shalimar, FL 32579

3 beds • 3 baths • 2190 sqft

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This property looks like a bad Long-Term investment with a projected -7.81% first-year return on $86,079 initial cash invested.

-7.81%

Cash On Cash

4.9%

Cap Rate

0.8

DSCR

$2,807

Rent

-$560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,807 income − $3,367 expenses = $560 out of pocket

Income$2,807Out of Pocket$560Mortgage P&I$2,09575%Property Taxes$39414%Insurance$1495%Management$28110%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,079

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,807

Total Expenses

$3,367

Mortgage P&I

75%

$2,095

Property Taxes

14%

$394

Home Insurance

5%

$149

HOA

0%

$0

Property Management

10%

$281

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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