REI Lense

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$2,851 (target)

200 Soliera St, Nokomis, FL 34275

3 beds • 2 baths • 1602 sqft

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This property looks like a bad Long-Term investment with a projected -10.52% first-year return on $76,986 initial cash invested.

-10.52%

Cash On Cash

4.31%

Cap Rate

0.71

DSCR

$2,851

Rent

-$675

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,851 income − $3,526 expenses = $675 out of pocket

Income$2,851Out of Pocket$675Mortgage P&I$1,84965%Property Taxes$52018%Insurance$1315%HOA$28410%Management$28510%CapEx$1435%Vacancy$1716%Maintenance$1435%

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,986

Downpayment

20%

$73,320

Closing costs

1%

$3,666

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,851

Total Expenses

$3,526

Mortgage P&I

65%

$1,849

Property Taxes

18%

$520

Home Insurance

5%

$131

HOA

10%

$284

Property Management

10%

$285

CapEx

5%

$143

Vacancy

6%

$171

Maintenance

5%

$143

Other

0%

$0

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