REI Lense

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$1,899 (target)

2485 Spring Creek Rd, Marianna, FL 32448

3 beds • 3 baths • 1938 sqft

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This property looks like a bad Long-Term investment with a projected -9.95% first-year return on $71,295 initial cash invested.

-9.95%

Cash On Cash

4.23%

Cap Rate

0.71

DSCR

$1,899

Rent

-$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,899 income − $2,490 expenses = $591 out of pocket

Income$1,899Out of Pocket$591Mortgage P&I$1,69289%Property Taxes$18210%Insurance$1226%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,295

Downpayment

20%

$67,900

Closing costs

1%

$3,395

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,899

Total Expenses

$2,490

Mortgage P&I

89%

$1,692

Property Taxes

10%

$182

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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