REI Lense

REI Lense

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$2,314 (target)

111 Borada Rd, Sanford, FL 32773

3 beds • 2 baths • 1221 sqft

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This property looks like a bad Long-Term investment with a projected -7.62% first-year return on $68,229 initial cash invested.

-7.62%

Cash On Cash

4.81%

Cap Rate

0.8

DSCR

$2,314

Rent

-$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,314 income − $2,747 expenses = $433 out of pocket

Income$2,314Out of Pocket$433Mortgage P&I$1,61970%Property Taxes$41018%Insurance$1165%Management$23110%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,314

Total Expenses

$2,747

Mortgage P&I

70%

$1,619

Property Taxes

18%

$410

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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