REI Lense

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$2,836 (target)

118 Browning Cir, Winter Haven, FL 33884

3 beds • 2 baths • 1738 sqft

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This property might be a fair Mid-Term investment with a projected 5.28% first-year return on $73,167 initial cash invested.

5.28%

Cash On Cash

8.04%

Cap Rate

1.33

DSCR

$2,836

Rent

$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,836 income − $2,514 expenses = $322 cash flow

Income$2,836Mortgage P&I$1,32447%Property Taxes$1335%Insurance$943%Management$34012%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31211%Cash Flow$322

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,167

Downpayment

20%

$52,540

Closing costs

1%

$2,627

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,836

Total Expenses

$2,514

Mortgage P&I

47%

$1,324

Property Taxes

5%

$133

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$340

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$312

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