REI Lense

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$3,447 (target)

1099 52nd St S, Gulfport, FL 33707

3 beds • 2 baths • 1258 sqft

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This property looks like a bad Mid-Term investment with a projected -0.51% first-year return on $108k initial cash invested.

-0.51%

Cash On Cash

6.2%

Cap Rate

1.04

DSCR

$3,447

Rent

-$46

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,447 income − $3,493 expenses = $46 out of pocket

Income$3,447Out of Pocket$46Mortgage P&I$2,12662%Property Taxes$371%Insurance$1585%Management$41412%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%

Investment Breakdown

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Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,840

Closing costs

1%

$4,292

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,447

Total Expenses

$3,493

Mortgage P&I

62%

$2,126

Property Taxes

1%

$37

Home Insurance

5%

$158

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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