REI Lense

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$1,450 (target)

2535 SE 172ND STREET, Summerfield, FL 34491

3 beds • 2 baths • 1152 sqft

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This property might be a fair Long-Term investment with a projected 0.65% first-year return on $31,626 initial cash invested.

0.65%

Cash On Cash

7.24%

Cap Rate

1.11

DSCR

$1,450

Rent

$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,450 income − $1,433 expenses = $17 cash flow

Income$1,450Mortgage P&I$82057%Property Taxes$17112%Insurance$665%Management$14510%CapEx$725%Vacancy$876%Maintenance$725%Cash Flow$17

Investment Breakdown

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Purchase Price

$151k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,626

Downpayment

20%

$30,120

Closing costs

1%

$1,506

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,450

Total Expenses

$1,433

Mortgage P&I

57%

$820

Property Taxes

12%

$171

Home Insurance

5%

$66

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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