REI Lense

REI Lense

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$2,267 (target)

131 Wright Cir, Niceville, FL 32578

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -8.96% first-year return on $85,302 initial cash invested.

-8.96%

Cash On Cash

4.51%

Cap Rate

0.74

DSCR

$2,267

Rent

-$637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,267 income − $2,904 expenses = $637 out of pocket

Income$2,267Out of Pocket$637Mortgage P&I$2,05291%Property Taxes$1185%Insurance$1456%Management$22710%CapEx$1135%Vacancy$1366%Maintenance$1135%

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,302

Downpayment

20%

$81,240

Closing costs

1%

$4,062

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,267

Total Expenses

$2,904

Mortgage P&I

91%

$2,052

Property Taxes

5%

$118

Home Insurance

6%

$145

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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