REI Lense

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$2,324 (target)

1228 S Old Corry Field Rd, Pensacola, FL 32507

3 beds • 2 baths • 1806 sqft

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This property could be a profitable Mid-Term investment with a projected 26.35% first-year return on $38,979 initial cash invested.

26.35%

Cash On Cash

17.49%

Cap Rate

2.87

DSCR

$2,324

Rent

$856

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,324 income − $1,468 expenses = $856 cash flow

Income$2,324Mortgage P&I$50722%Property Taxes$1356%Insurance$352%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%Cash Flow$856

Investment Breakdown

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Purchase Price

$99,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,979

Downpayment

20%

$19,980

Closing costs

1%

$999

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,324

Total Expenses

$1,468

Mortgage P&I

22%

$507

Property Taxes

6%

$135

Home Insurance

2%

$35

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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