REI Lense

REI Lense

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$1,745 (target)

1838 LEONID ROAD, Jacksonville, FL 32218

3 beds • 2 baths • 1368 sqft

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This property could be a profitable Long-Term investment with a projected 13.27% first-year return on $31,290 initial cash invested.

13.27%

Cash On Cash

10%

Cap Rate

1.54

DSCR

$1,745

Rent

$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,745 income − $1,399 expenses = $346 cash flow

Income$1,745Mortgage P&I$80946%Property Taxes$855%Insurance$523%Management$17410%CapEx$875%Vacancy$1056%Maintenance$875%Cash Flow$346

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,290

Downpayment

20%

$29,800

Closing costs

1%

$1,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,745

Total Expenses

$1,399

Mortgage P&I

46%

$809

Property Taxes

5%

$85

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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