REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,798 (target)

219 NW Melanie Way, Lake City, FL 32055

3 beds • 2 baths • 1359 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.67% first-year return on $86,859 initial cash invested.

-2.67%

Cash On Cash

5.79%

Cap Rate

0.95

DSCR

$2,798

Rent

-$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,798 income − $2,991 expenses = $193 out of pocket

Income$2,798Out of Pocket$193Mortgage P&I$1,66459%Property Taxes$2569%Insurance$1194%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%

Investment Breakdown

|

Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,859

Downpayment

20%

$65,580

Closing costs

1%

$3,279

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,798

Total Expenses

$2,991

Mortgage P&I

59%

$1,664

Property Taxes

9%

$256

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis