REI Lense

REI Lense

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$2,703 (target)

11100 Balfour St, Venice, FL 34293

3 beds • 2 baths • 1681 sqft

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This property looks like a bad Long-Term investment with a projected -12.98% first-year return on $70,728 initial cash invested.

-12.98%

Cash On Cash

3.78%

Cap Rate

0.63

DSCR

$2,703

Rent

-$765

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,703 income − $3,468 expenses = $765 out of pocket

Income$2,703Out of Pocket$765Mortgage P&I$1,69063%Property Taxes$66925%Insurance$1225%HOA$28511%Management$27010%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,728

Downpayment

20%

$67,360

Closing costs

1%

$3,368

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,703

Total Expenses

$3,468

Mortgage P&I

63%

$1,690

Property Taxes

25%

$669

Home Insurance

5%

$122

HOA

11%

$285

Property Management

10%

$270

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

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