REI Lense

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$6,432 (target)

2150 BROAD WATER Drive, Jacksonville, FL 32225

3 beds • 3 baths • 2239 sqft

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This property might be a fair Mid-Term investment with a projected 9.89% first-year return on $125k initial cash invested.

9.89%

Cash On Cash

8.96%

Cap Rate

1.51

DSCR

$6,432

Rent

$1,026

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,432 income − $5,406 expenses = $1,026 cash flow

Income$6,432Mortgage P&I$2,50439%Property Taxes$5529%Insurance$1633%Management$77212%CapEx$2574%Vacancy$1933%Maintenance$2574%Other$70811%Cash Flow$1,026

Investment Breakdown

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Purchase Price

$507k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$101k

Closing costs

1%

$5,072

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,432

Total Expenses

$5,406

Mortgage P&I

39%

$2,504

Property Taxes

9%

$552

Home Insurance

3%

$163

HOA

0%

$0

Property Management

12%

$772

CapEx

4%

$257

Vacancy

3%

$193

Maintenance

4%

$257

Other

11%

$708

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