REI Lense

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$3,416 (target)

1801 Glencoe Dr, Lynn Haven, FL 32444

3 beds • 2 baths • 1442 sqft

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This property might be a fair Mid-Term investment with a projected 2.36% first-year return on $86,292 initial cash invested.

2.36%

Cash On Cash

7.29%

Cap Rate

1.18

DSCR

$3,416

Rent

$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,416 income − $3,246 expenses = $170 cash flow

Income$3,416Mortgage P&I$1,66949%Property Taxes$2989%Insurance$1173%Management$41012%CapEx$1374%Vacancy$1023%Maintenance$1374%Other$37611%Cash Flow$170

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,292

Downpayment

20%

$65,040

Closing costs

1%

$3,252

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,416

Total Expenses

$3,246

Mortgage P&I

49%

$1,669

Property Taxes

9%

$298

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$410

CapEx

4%

$137

Vacancy

3%

$102

Maintenance

4%

$137

Other

11%

$376

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