REI Lense

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$2,477 (target)

2704 Creeks Edge Ln, Navarre, FL 32566

3 beds • 2 baths • 2083 sqft

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This property looks like a bad Long-Term investment with a projected -10.18% first-year return on $91,623 initial cash invested.

-10.18%

Cash On Cash

4.12%

Cap Rate

0.7

DSCR

$2,477

Rent

-$777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,477 income − $3,254 expenses = $777 out of pocket

Income$2,477Out of Pocket$777Mortgage P&I$2,15287%Property Taxes$30012%Insurance$1576%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,623

Downpayment

20%

$87,260

Closing costs

1%

$4,363

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,477

Total Expenses

$3,254

Mortgage P&I

87%

$2,152

Property Taxes

12%

$300

Home Insurance

6%

$157

HOA

0%

$0

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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