REI Lense

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$2,864 (target)

1127 SE 14TH STREET, Gainesville, FL 32641

3 beds • 2 baths • 1420 sqft

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This property might be a fair Mid-Term investment with a projected 4.06% first-year return on $66,783 initial cash invested.

4.06%

Cash On Cash

8.27%

Cap Rate

1.27

DSCR

$2,864

Rent

$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,864 income − $2,638 expenses = $226 cash flow

Income$2,864Mortgage P&I$1,25944%Property Taxes$32011%Insurance$843%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%Cash Flow$226

Investment Breakdown

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Purchase Price

$232k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,783

Downpayment

20%

$46,460

Closing costs

1%

$2,323

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,864

Total Expenses

$2,638

Mortgage P&I

44%

$1,259

Property Taxes

11%

$320

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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