REI Lense

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$1,845 (target)

216 Brookmeade Dr, Crestview, FL 32539

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Long-Term investment with a projected -2.42% first-year return on $44,079 initial cash invested.

-2.42%

Cash On Cash

6.51%

Cap Rate

1

DSCR

$1,845

Rent

-$89

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,845 income − $1,934 expenses = $89 out of pocket

Income$1,845Out of Pocket$89Mortgage P&I$1,13562%Property Taxes$24613%Insurance$744%Management$18410%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,845

Total Expenses

$1,934

Mortgage P&I

62%

$1,135

Property Taxes

13%

$246

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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