REI Lense

REI Lense

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$1,378 (target)

2036 Hillsborough St, Tallahassee, FL 32310

3 beds • 1 baths • 925 sqft

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This property might be a fair Long-Term investment with a projected 2.78% first-year return on $30,681 initial cash invested.

2.78%

Cash On Cash

7.49%

Cap Rate

1.18

DSCR

$1,378

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$146k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,681

Downpayment

20%

$29,220

Closing costs

1%

$1,461

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,378

Total Expenses

$1,307

Mortgage P&I

56%

$772

Property Taxes

9%

$124

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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