REI Lense

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$3,663 (target)

289 Georgetown Loop, Wauchula, FL 33873

3 beds • 3 baths • 1729 sqft

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This property might be a fair Long-Term investment with a projected 6.2% first-year return on $80,178 initial cash invested.

6.2%

Cash On Cash

7.79%

Cap Rate

1.32

DSCR

$3,663

Rent

$414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,663 income − $3,249 expenses = $414 cash flow

Income$3,663Mortgage P&I$1,88351%Property Taxes$2838%Insurance$1314%Management$36610%CapEx$1835%Vacancy$2206%Maintenance$1835%Cash Flow$414

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,178

Downpayment

20%

$76,360

Closing costs

1%

$3,818

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,663

Total Expenses

$3,249

Mortgage P&I

51%

$1,883

Property Taxes

8%

$283

Home Insurance

4%

$131

HOA

0%

$0

Property Management

10%

$366

CapEx

5%

$183

Vacancy

6%

$220

Maintenance

5%

$183

Other

0%

$0

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