REI Lense

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$3,184 (target)

2144 Nina St, Navarre, FL 32566

3 beds • 2 baths • 1606 sqft

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This property might be a fair Mid-Term investment with a projected 1.79% first-year return on $94,440 initial cash invested.

1.79%

Cash On Cash

6.87%

Cap Rate

1.15

DSCR

$3,184

Rent

$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,184 income − $3,043 expenses = $141 cash flow

Income$3,184Mortgage P&I$1,81757%Property Taxes$14Insurance$1304%Management$38212%CapEx$1274%Vacancy$963%Maintenance$1274%Other$35011%Cash Flow$141

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,440

Downpayment

20%

$72,800

Closing costs

1%

$3,640

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,184

Total Expenses

$3,043

Mortgage P&I

57%

$1,817

Property Taxes

0%

$14

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$96

Maintenance

4%

$127

Other

11%

$350

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