REI Lense

REI Lense

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$2,057 (target)

2241 Sewanee St, Lynn Haven, FL 32444

3 beds • 2 baths • 1657 sqft

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This property looks like a bad Long-Term investment with a projected -9.42% first-year return on $71,232 initial cash invested.

-9.42%

Cash On Cash

4.42%

Cap Rate

0.73

DSCR

$2,057

Rent

-$559

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,057 income − $2,616 expenses = $559 out of pocket

Income$2,057Out of Pocket$559Mortgage P&I$1,70583%Property Taxes$25412%Insurance$1226%Management$20610%CapEx$1035%Vacancy$1236%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,232

Downpayment

20%

$67,840

Closing costs

1%

$3,392

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,057

Total Expenses

$2,616

Mortgage P&I

83%

$1,705

Property Taxes

12%

$254

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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