REI Lense

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$4,117 (target)

12365 Vieste Ct, Venice, FL 34293

3 beds • 2 baths • 2348 sqft

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This property looks like a bad Long-Term investment with a projected -14.58% first-year return on $131k initial cash invested.

-14.58%

Cash On Cash

3.25%

Cap Rate

0.55

DSCR

$4,117

Rent

-$1,597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,117 income − $5,714 expenses = $1,597 out of pocket

Income$4,117Out of Pocket$1,597Mortgage P&I$3,08475%Property Taxes$81720%Insurance$2265%HOA$51613%Management$41210%CapEx$2065%Vacancy$2476%Maintenance$2065%

Investment Breakdown

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Purchase Price

$626k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,257

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,117

Total Expenses

$5,714

Mortgage P&I

75%

$3,084

Property Taxes

20%

$817

Home Insurance

5%

$226

HOA

13%

$516

Property Management

10%

$412

CapEx

5%

$206

Vacancy

6%

$247

Maintenance

5%

$206

Other

0%

$0

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