REI Lense

REI Lense

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$3,456 (target)

1224 Lake Breeze Drive, Wellington, FL 33414

3 beds • 2 baths • 2028 sqft

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This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $142k initial cash invested.

-11.46%

Cash On Cash

3.7%

Cap Rate

0.64

DSCR

$3,456

Rent

-$1,354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,456 income − $4,810 expenses = $1,354 out of pocket

Income$3,456Out of Pocket$1,354Mortgage P&I$3,26194%Property Taxes$35410%Insurance$2367%HOA$602%Management$34610%CapEx$1735%Vacancy$2076%Maintenance$1735%

Investment Breakdown

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Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$135k

Closing costs

1%

$6,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,456

Total Expenses

$4,810

Mortgage P&I

94%

$3,261

Property Taxes

10%

$354

Home Insurance

7%

$236

HOA

2%

$60

Property Management

10%

$346

CapEx

5%

$173

Vacancy

6%

$207

Maintenance

5%

$173

Other

0%

$0

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