REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,297 (target)

1501 Meeks Rd, Tallahassee, FL 32317

3 beds • 3 baths • 1669 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.01% first-year return on $90,870 initial cash invested.

3.01%

Cash On Cash

7.17%

Cap Rate

1.21

DSCR

$3,297

Rent

$228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,297 income − $3,069 expenses = $228 cash flow

Income$3,297Mortgage P&I$1,71352%Property Taxes$1133%Insurance$1214%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%Cash Flow$228

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,870

Downpayment

20%

$69,400

Closing costs

1%

$3,470

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,297

Total Expenses

$3,069

Mortgage P&I

52%

$1,713

Property Taxes

3%

$113

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis