REI Lense

REI Lense

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$1,508 (target)

1004 Booker Ave, Sebring, FL 33870

3 beds • 2 baths • 1011 sqft

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This property might be a fair Long-Term investment with a projected 1.22% first-year return on $32,382 initial cash invested.

1.22%

Cash On Cash

7.38%

Cap Rate

1.13

DSCR

$1,508

Rent

$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,508 income − $1,475 expenses = $33 cash flow

Income$1,508Mortgage P&I$84056%Property Taxes$18812%Insurance$564%Management$15110%CapEx$755%Vacancy$906%Maintenance$755%Cash Flow$33

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,382

Downpayment

20%

$30,840

Closing costs

1%

$1,542

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,508

Total Expenses

$1,475

Mortgage P&I

56%

$840

Property Taxes

12%

$188

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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