REI Lense

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$2,615 (target)

2301 E Mary Lue St, Inverness, FL 34453

3 beds • 2 baths • 2848 sqft

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This property looks like a bad Long-Term investment with a projected -11.77% first-year return on $125k initial cash invested.

-11.77%

Cash On Cash

3.73%

Cap Rate

0.63

DSCR

$2,615

Rent

-$1,222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,615 income − $3,837 expenses = $1,222 out of pocket

Income$2,615Out of Pocket$1,222Mortgage P&I$2,937112%Property Taxes$2Insurance$2178%Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

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Purchase Price

$593k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,932

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,615

Total Expenses

$3,837

Mortgage P&I

112%

$2,937

Property Taxes

0%

$2

Home Insurance

8%

$217

HOA

0%

$0

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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