REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,227 (target)

1008 Minnesota Ave, Lynn Haven, FL 32444

3 beds • 2 baths • 1815 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.43% first-year return on $72,828 initial cash invested.

-7.43%

Cash On Cash

4.92%

Cap Rate

0.81

DSCR

$2,227

Rent

-$451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,227 income − $2,678 expenses = $451 out of pocket

Income$2,227Out of Pocket$451Mortgage P&I$1,76279%Property Taxes$2119%Insurance$1266%Management$22310%CapEx$1115%Vacancy$1346%Maintenance$1115%

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,828

Downpayment

20%

$69,360

Closing costs

1%

$3,468

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,227

Total Expenses

$2,678

Mortgage P&I

79%

$1,762

Property Taxes

9%

$211

Home Insurance

6%

$126

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$111

Vacancy

6%

$134

Maintenance

5%

$111

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis