REI Lense

REI Lense

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$2,500 (target)

14533 Dulce Avenue, Fort Pierce, FL 34951

3 beds • 2 baths • 1756 sqft

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This property might be a fair Long-Term investment with a projected 4.98% first-year return on $52,479 initial cash invested.

4.98%

Cash On Cash

8%

Cap Rate

1.26

DSCR

$2,500

Rent

$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,500 income − $2,282 expenses = $218 cash flow

Income$2,500Mortgage P&I$1,32253%Property Taxes$2229%Insurance$884%Management$25010%CapEx$1255%Vacancy$1506%Maintenance$1255%Cash Flow$218

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,500

Total Expenses

$2,282

Mortgage P&I

53%

$1,322

Property Taxes

9%

$222

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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