REI Lense

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$1,890 (target)

220 Stillwell Ave, Palatka, FL 32177

3 beds • 2 baths • 1352 sqft

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This property might be a fair Long-Term investment with a projected 9.46% first-year return on $43,365 initial cash invested.

9.46%

Cash On Cash

8.63%

Cap Rate

1.42

DSCR

$1,890

Rent

$342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,890 income − $1,548 expenses = $342 cash flow

Income$1,890Mortgage P&I$1,04956%Property Taxes$7Insurance$2Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%Cash Flow$342

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,365

Downpayment

20%

$41,300

Closing costs

1%

$2,065

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$1,548

Mortgage P&I

56%

$1,049

Property Taxes

0%

$7

Home Insurance

0%

$2

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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