REI Lense

REI Lense

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$5,118 (target)

3074 White Ibis Way, Tallahassee, FL 32309

3 beds • 3 baths • 2875 sqft

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This property looks like a bad Mid-Term investment with a projected -0.88% first-year return on $128k initial cash invested.

-0.88%

Cash On Cash

6.27%

Cap Rate

1.04

DSCR

$5,118

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$523k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,229

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,118

Total Expenses

$5,212

Mortgage P&I

51%

$2,622

Property Taxes

10%

$529

Home Insurance

4%

$187

HOA

3%

$133

Property Management

12%

$614

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$563

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