REI Lense

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$2,457 (target)

1512 MESA Drive, Jacksonville, FL 32221

3 beds • 2 baths • 1257 sqft

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This property looks like a bad Mid-Term investment with a projected -3.42% first-year return on $77,871 initial cash invested.

-3.42%

Cash On Cash

5.44%

Cap Rate

0.91

DSCR

$2,457

Rent

-$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,457 income − $2,679 expenses = $222 out of pocket

Income$2,457Out of Pocket$222Mortgage P&I$1,41758%Property Taxes$32613%Insurance$1014%Management$29512%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,871

Downpayment

20%

$57,020

Closing costs

1%

$2,851

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,457

Total Expenses

$2,679

Mortgage P&I

58%

$1,417

Property Taxes

13%

$326

Home Insurance

4%

$101

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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