REI Lense

REI Lense

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$3,400 (target)

131 Wright Cir, Niceville, FL 32578

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Mid-Term investment with a projected -0.82% first-year return on $103k initial cash invested.

-0.82%

Cash On Cash

6.25%

Cap Rate

1.03

DSCR

$3,400

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,240

Closing costs

1%

$4,062

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,400

Total Expenses

$3,471

Mortgage P&I

60%

$2,052

Property Taxes

3%

$118

Home Insurance

4%

$145

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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