REI Lense

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$3,104 (target)

311 Juniper St, Destin, FL 32541

3 beds • 2 baths • 1901 sqft

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This property looks like a bad Long-Term investment with a projected -6.63% first-year return on $98,301 initial cash invested.

-6.63%

Cash On Cash

4.82%

Cap Rate

0.83

DSCR

$3,104

Rent

-$543

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,104 income − $3,647 expenses = $543 out of pocket

Income$3,104Out of Pocket$543Mortgage P&I$2,27073%Property Taxes$40013%Insurance$1716%Management$31010%CapEx$1555%Vacancy$1866%Maintenance$1555%

Investment Breakdown

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Purchase Price

$468k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,301

Downpayment

20%

$93,620

Closing costs

1%

$4,681

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,104

Total Expenses

$3,647

Mortgage P&I

73%

$2,270

Property Taxes

13%

$400

Home Insurance

6%

$171

HOA

0%

$0

Property Management

10%

$310

CapEx

5%

$155

Vacancy

6%

$186

Maintenance

5%

$155

Other

0%

$0

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