REI Lense

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$2,258 (target)

1407 Marsh Meadow Ln, Davenport, FL 33896

3 beds • 2 baths • 1690 sqft

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This property looks like a bad Long-Term investment with a projected -10.7% first-year return on $71,316 initial cash invested.

-10.7%

Cash On Cash

4.2%

Cap Rate

0.69

DSCR

$2,258

Rent

-$636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,258 income − $2,894 expenses = $636 out of pocket

Income$2,258Out of Pocket$636Mortgage P&I$1,71276%Property Taxes$40218%Insurance$1225%HOA$713%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,316

Downpayment

20%

$67,920

Closing costs

1%

$3,396

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,258

Total Expenses

$2,894

Mortgage P&I

76%

$1,712

Property Taxes

18%

$402

Home Insurance

5%

$122

HOA

3%

$71

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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