REI Lense

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$2,094 (target)

1154 Oakwood Lakes Blvd, Defuniak Springs, FL 32433

3 beds • 2 baths • 1757 sqft

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This property looks like a bad Long-Term investment with a projected -4.51% first-year return on $69,720 initial cash invested.

-4.51%

Cash On Cash

5.41%

Cap Rate

0.91

DSCR

$2,094

Rent

-$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,094 income − $2,356 expenses = $262 out of pocket

Income$2,094Out of Pocket$262Mortgage P&I$1,65479%Property Taxes$392%Insurance$1186%Management$20910%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,720

Downpayment

20%

$66,400

Closing costs

1%

$3,320

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,094

Total Expenses

$2,356

Mortgage P&I

79%

$1,654

Property Taxes

2%

$39

Home Insurance

6%

$118

HOA

0%

$0

Property Management

10%

$209

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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