REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,469 (target)

1003 NE 2ND STREET, Mulberry, FL 33860

3 beds • 2 baths • 1700 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.71% first-year return on $62,100 initial cash invested.

3.71%

Cash On Cash

8.11%

Cap Rate

1.26

DSCR

$2,469

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,469 income − $2,277 expenses = $192 cash flow

Income$2,469Mortgage P&I$1,12946%Property Taxes$2349%Insurance$743%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27211%Cash Flow$192

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,469

Total Expenses

$2,277

Mortgage P&I

46%

$1,129

Property Taxes

9%

$234

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis