REI Lense

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$2,117 (target)

1700 New Hampshire Ave, Lynn Haven, FL 32444

3 beds • 2 baths • 1867 sqft

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This property looks like a bad Long-Term investment with a projected -7.14% first-year return on $77,007 initial cash invested.

-7.14%

Cash On Cash

4.99%

Cap Rate

0.81

DSCR

$2,117

Rent

-$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,117 income − $2,575 expenses = $458 out of pocket

Income$2,117Out of Pocket$458Mortgage P&I$1,87889%Property Taxes$141%Insurance$1326%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,007

Downpayment

20%

$73,340

Closing costs

1%

$3,667

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,117

Total Expenses

$2,575

Mortgage P&I

89%

$1,878

Property Taxes

1%

$14

Home Insurance

6%

$132

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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