REI Lense

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$2,444 (target)

321 Weber Ter, Pt Charlotte, FL 33952

3 beds • 2 baths • 1804 sqft

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This property might be a fair Mid-Term investment with a projected 2.73% first-year return on $68,127 initial cash invested.

2.73%

Cash On Cash

7.39%

Cap Rate

1.21

DSCR

$2,444

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,444 income − $2,289 expenses = $155 cash flow

Income$2,444Mortgage P&I$1,21750%Property Taxes$1416%Insurance$1004%Management$29312%CapEx$984%Vacancy$733%Maintenance$984%Other$26911%Cash Flow$155

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,127

Downpayment

20%

$47,740

Closing costs

1%

$2,387

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,444

Total Expenses

$2,289

Mortgage P&I

50%

$1,217

Property Taxes

6%

$141

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$269

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