REI Lense

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$2,785 (target)

2267 SW 43rd Pl, Gainesville, FL 32608

3 beds • 2 baths • 2307 sqft

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This property looks like a bad Long-Term investment with a projected -9.41% first-year return on $87,381 initial cash invested.

-9.41%

Cash On Cash

4.42%

Cap Rate

0.74

DSCR

$2,785

Rent

-$685

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,785 income − $3,470 expenses = $685 out of pocket

Income$2,785Out of Pocket$685Mortgage P&I$2,07775%Property Taxes$51819%Insurance$1525%Management$27810%CapEx$1395%Vacancy$1676%Maintenance$1395%

Investment Breakdown

|

Purchase Price

$416k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,381

Downpayment

20%

$83,220

Closing costs

1%

$4,161

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,785

Total Expenses

$3,470

Mortgage P&I

75%

$2,077

Property Taxes

19%

$518

Home Insurance

5%

$152

HOA

0%

$0

Property Management

10%

$278

CapEx

5%

$139

Vacancy

6%

$167

Maintenance

5%

$139

Other

0%

$0

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