REI Lense

REI Lense

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$2,874 (target)

1743 Crowder Rd, Tallahassee, FL 32303

3 beds • 2 baths • 1350 sqft

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This property might be a fair Mid-Term investment with a projected 8.53% first-year return on $67,266 initial cash invested.

8.53%

Cash On Cash

9.17%

Cap Rate

1.49

DSCR

$2,874

Rent

$478

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,266

Downpayment

20%

$46,920

Closing costs

1%

$2,346

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,874

Total Expenses

$2,396

Mortgage P&I

42%

$1,199

Property Taxes

5%

$138

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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