REI Lense

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179 Decordre Rd SE, Palm Bay, FL 32909

3 beds • 2 baths • 1350 sqft

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This property looks like a bad Long-Term investment with a projected -7.31% first-year return on $68,775 initial cash invested.

-7.31%

Cash On Cash

4.68%

Cap Rate

0.8

DSCR

$2,155

Rent

-$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,775

Downpayment

20%

$65,500

Closing costs

1%

$3,275

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,155

Total Expenses

$2,574

Mortgage P&I

74%

$1,588

Property Taxes

14%

$310

Home Insurance

5%

$115

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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