REI Lense

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$3,706 (target)

22971 NW 6TH LANE, Newberry, FL 32669

3 beds • 2 baths • 1982 sqft

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This property looks like a bad Mid-Term investment with a projected -0.19% first-year return on $96,162 initial cash invested.

-0.19%

Cash On Cash

6.58%

Cap Rate

1.07

DSCR

$3,706

Rent

-$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,706 income − $3,721 expenses = $15 out of pocket

Income$3,706Out of Pocket$15Mortgage P&I$1,90751%Property Taxes$42111%Insurance$1334%Management$44512%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40811%

Investment Breakdown

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Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,162

Downpayment

20%

$74,440

Closing costs

1%

$3,722

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,706

Total Expenses

$3,721

Mortgage P&I

51%

$1,907

Property Taxes

11%

$421

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

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