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2 Hancock Ln, Pensacola, FL 32503

beds • baths • 1724 sqft • 2 units

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This property could be a profitable Long-Term investment with a projected 47.18% first-year return on $29,379 initial cash invested.

47.18%

Cash On Cash

17.27%

Cap Rate

2.78

DSCR

$2,660

Rent

$1,155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,660

Total Expenses

$1,505

Mortgage P&I

27%

$725

Property Taxes

1%

$39

Home Insurance

2%

$49

HOA

0%

$0

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

6340 Trent St, Unit B, Pensacola, FL 32503

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2

2

0.8 mi

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2

1

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2

2

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1.4 mi

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4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Projection Charts

Investment Value YoY

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