REI Lense

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$1,696 (target)

205 TENNESSEE STREET, Haines City, FL 33844

3 beds • 2 baths • 1160 sqft

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This property looks like a bad Mid-Term investment with a projected -7.23% first-year return on $72,558 initial cash invested.

-7.23%

Cash On Cash

4.52%

Cap Rate

0.73

DSCR

$1,696

Rent

-$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,696 income − $2,133 expenses = $437 out of pocket

Income$1,696Out of Pocket$437Mortgage P&I$1,34779%Property Taxes$1147%Insurance$946%Management$20412%CapEx$684%Vacancy$513%Maintenance$684%Other$18711%

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,558

Downpayment

20%

$51,960

Closing costs

1%

$2,598

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,696

Total Expenses

$2,133

Mortgage P&I

79%

$1,347

Property Taxes

7%

$114

Home Insurance

6%

$94

HOA

0%

$0

Property Management

12%

$204

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$187

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