REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,656 (target)

224 E Iris Ln, Defuniak Springs, FL 32433

3 beds • 2 baths • 1165 sqft

Email

This property looks like a bad Long-Term investment with a projected -2.27% first-year return on $43,890 initial cash invested.

-2.27%

Cash On Cash

6.16%

Cap Rate

1

DSCR

$1,656

Rent

-$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,656 income − $1,739 expenses = $83 out of pocket

Income$1,656Out of Pocket$83Mortgage P&I$1,07365%Property Taxes$16210%Insurance$734%Management$16610%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,656

Total Expenses

$1,739

Mortgage P&I

65%

$1,073

Property Taxes

10%

$162

Home Insurance

4%

$73

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis