REI Lense

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$1,551 (target)

12390 ELGIN BOULEVARD, Spring Hill, FL 34609

3 beds • 3 baths • 943 sqft

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This property looks like a bad Long-Term investment with a projected -10.56% first-year return on $52,500 initial cash invested.

-10.56%

Cash On Cash

4.58%

Cap Rate

0.71

DSCR

$1,551

Rent

-$462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,551 income − $2,013 expenses = $462 out of pocket

Income$1,551Out of Pocket$462Mortgage P&I$1,33986%Property Taxes$18212%Insurance$886%Management$15510%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,551

Total Expenses

$2,013

Mortgage P&I

86%

$1,339

Property Taxes

12%

$182

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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