REI Lense

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$3,240 (target)

2216 Calle De Marbella, Navarre, FL 32566

3 beds • 2 baths • 1655 sqft

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This property looks like a bad Mid-Term investment with a projected -1.53% first-year return on $95,385 initial cash invested.

-1.53%

Cash On Cash

6.12%

Cap Rate

1

DSCR

$3,240

Rent

-$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,240 income − $3,362 expenses = $122 out of pocket

Income$3,240Out of Pocket$122Mortgage P&I$1,87258%Property Taxes$2578%Insurance$1314%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35611%

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,385

Downpayment

20%

$73,700

Closing costs

1%

$3,685

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,240

Total Expenses

$3,362

Mortgage P&I

58%

$1,872

Property Taxes

8%

$257

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$356

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