REI Lense

REI Lense

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$1,106 (target)

314 NE Fronie St, Lake City, FL 32055

3 beds • 2 baths • 1156 sqft

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This property looks like a bad Long-Term investment with a projected -0.35% first-year return on $30,660 initial cash invested.

-0.35%

Cash On Cash

6.67%

Cap Rate

1.06

DSCR

$1,106

Rent

-$9

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,106 income − $1,115 expenses = $9 out of pocket

Income$1,106Out of Pocket$9Mortgage P&I$76569%Property Taxes$121%Insurance$515%Management$11110%CapEx$555%Vacancy$666%Maintenance$555%

Investment Breakdown

|

Purchase Price

$146k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,660

Downpayment

20%

$29,200

Closing costs

1%

$1,460

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,106

Total Expenses

$1,115

Mortgage P&I

69%

$765

Property Taxes

1%

$12

Home Insurance

5%

$51

HOA

0%

$0

Property Management

10%

$111

CapEx

5%

$55

Vacancy

6%

$66

Maintenance

5%

$55

Other

0%

$0

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