REI Lense

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$1,652 (target)

22195 HERNANDO Avenue, Pt Charlotte, FL 33952

3 beds • 2 baths • 1129 sqft

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This property looks like a bad Long-Term investment with a projected -1.02% first-year return on $36,309 initial cash invested.

-1.02%

Cash On Cash

6.82%

Cap Rate

1.06

DSCR

$1,652

Rent

-$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,652 income − $1,683 expenses = $31 out of pocket

Income$1,652Out of Pocket$31Mortgage P&I$93156%Property Taxes$27617%Insurance$463%Management$16510%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

|

Purchase Price

$173k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,309

Downpayment

20%

$34,580

Closing costs

1%

$1,729

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,652

Total Expenses

$1,683

Mortgage P&I

56%

$931

Property Taxes

17%

$276

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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