REI Lense

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$3,057 (target)

1326 Defender St NW, Palm Bay, FL 32907

3 beds • 2 baths • 1545 sqft

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This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $79,341 initial cash invested.

1.54%

Cash On Cash

6.95%

Cap Rate

1.15

DSCR

$3,057

Rent

$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,057 income − $2,955 expenses = $102 cash flow

Income$3,057Mortgage P&I$1,46748%Property Taxes$34411%Insurance$1053%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$102

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,341

Downpayment

20%

$58,420

Closing costs

1%

$2,921

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,057

Total Expenses

$2,955

Mortgage P&I

48%

$1,467

Property Taxes

11%

$344

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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