REI Lense

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$1,927 (target)

2198 ALLIANCE AVENUE, North Port, FL 34286

3 beds • 2 baths • 1241 sqft

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This property looks like a bad Long-Term investment with a projected -8.01% first-year return on $57,099 initial cash invested.

-8.01%

Cash On Cash

4.83%

Cap Rate

0.79

DSCR

$1,927

Rent

-$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,927 income − $2,308 expenses = $381 out of pocket

Income$1,927Out of Pocket$381Mortgage P&I$1,37972%Property Taxes$33017%Insurance$985%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,099

Downpayment

20%

$54,380

Closing costs

1%

$2,719

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,927

Total Expenses

$2,308

Mortgage P&I

72%

$1,379

Property Taxes

17%

$330

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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