REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,438 (target)

998 Ripley Ter NE, Palm Bay, FL 32907

3 beds • 3 baths • 2056 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.81% first-year return on $99,417 initial cash invested.

-2.81%

Cash On Cash

5.62%

Cap Rate

0.95

DSCR

$3,438

Rent

-$233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,438 income − $3,671 expenses = $233 out of pocket

Income$3,438Out of Pocket$233Mortgage P&I$1,91256%Property Taxes$42312%Insurance$1665%Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37811%

Investment Breakdown

|

Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,417

Downpayment

20%

$77,540

Closing costs

1%

$3,877

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,438

Total Expenses

$3,671

Mortgage P&I

56%

$1,912

Property Taxes

12%

$423

Home Insurance

5%

$166

HOA

0%

$0

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$378

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis