REI Lense

REI Lense

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$2,620 (target)

29 BUNKER Lane, Palm Coast, FL 32137

3 beds • 2 baths • 1449 sqft

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This property might be a fair Mid-Term investment with a projected 1.07% first-year return on $77,682 initial cash invested.

1.07%

Cash On Cash

6.67%

Cap Rate

1.12

DSCR

$2,620

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,620 income − $2,551 expenses = $69 cash flow

Income$2,620Mortgage P&I$1,40554%Property Taxes$1526%Insurance$1034%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$69

Investment Breakdown

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Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,682

Downpayment

20%

$56,840

Closing costs

1%

$2,842

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,620

Total Expenses

$2,551

Mortgage P&I

54%

$1,405

Property Taxes

6%

$152

Home Insurance

4%

$103

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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