REI Lense

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$1,838 (target)

119 Meadowfield Ln, Longwood, FL 32779

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -14.23% first-year return on $76,650 initial cash invested.

-14.23%

Cash On Cash

3.31%

Cap Rate

0.55

DSCR

$1,838

Rent

-$909

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,838 income − $2,747 expenses = $909 out of pocket

Income$1,838Out of Pocket$909Mortgage P&I$1,82399%Property Taxes$31817%Insurance$1287%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,838

Total Expenses

$2,747

Mortgage P&I

99%

$1,823

Property Taxes

17%

$318

Home Insurance

7%

$128

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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