REI Lense

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$2,972 (target)

2075 Detroit Dr, Labelle, FL 33935

3 beds • 2 baths • 1148 sqft

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This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $72,600 initial cash invested.

3.98%

Cash On Cash

7.6%

Cap Rate

1.28

DSCR

$2,972

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,972 income − $2,731 expenses = $241 cash flow

Income$2,972Mortgage P&I$1,28643%Property Taxes$34312%Insurance$913%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%Cash Flow$241

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,972

Total Expenses

$2,731

Mortgage P&I

43%

$1,286

Property Taxes

12%

$343

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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