REI Lense

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$1,651 (target)

10033 SW County Road 225, Starke, FL 32091

3 beds • 3 baths • 1898 sqft

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This property could be a profitable Long-Term investment with a projected 20.66% first-year return on $26,250 initial cash invested.

20.66%

Cash On Cash

11.23%

Cap Rate

1.84

DSCR

$1,651

Rent

$452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,651 income − $1,199 expenses = $452 cash flow

Income$1,651Mortgage P&I$63538%Property Taxes$905%Insurance$443%Management$16510%CapEx$835%Vacancy$996%Maintenance$835%Cash Flow$452

Investment Breakdown

|

Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,250

Downpayment

20%

$25,000

Closing costs

1%

$1,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,651

Total Expenses

$1,199

Mortgage P&I

38%

$635

Property Taxes

5%

$90

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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