REI Lense

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$1,928 (target)

149 Archer Ave, Lake Alfred, FL 33850

3 beds • 2 baths • 1695 sqft

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This property looks like a bad Long-Term investment with a projected -17.62% first-year return on $76,395 initial cash invested.

-17.62%

Cash On Cash

2.43%

Cap Rate

0.42

DSCR

$1,928

Rent

-$1,122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,928 income − $3,050 expenses = $1,122 out of pocket

Income$1,928Out of Pocket$1,122Mortgage P&I$1,76491%Property Taxes$65834%Insurance$1277%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,395

Downpayment

20%

$72,757

Closing costs

1%

$3,638

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,928

Total Expenses

$3,050

Mortgage P&I

91%

$1,764

Property Taxes

34%

$658

Home Insurance

7%

$127

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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