REI Lense

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$3,438 (target)

208 Cottontail Ln, Panama City, FL 32405

3 beds • 2 baths • 1608 sqft

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This property might be a fair Mid-Term investment with a projected 5.88% first-year return on $82,302 initial cash invested.

5.88%

Cash On Cash

8.13%

Cap Rate

1.35

DSCR

$3,438

Rent

$403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,438 income − $3,035 expenses = $403 cash flow

Income$3,438Mortgage P&I$1,53445%Property Taxes$2196%Insurance$1123%Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37811%Cash Flow$403

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,302

Downpayment

20%

$61,240

Closing costs

1%

$3,062

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,438

Total Expenses

$3,035

Mortgage P&I

45%

$1,534

Property Taxes

6%

$219

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$378

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