REI Lense

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$1,834 (target)

3271 Electra Dr, Milton, FL 32583

3 beds • 2 baths • 1934 sqft

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This property might be a fair Long-Term investment with a projected 8.94% first-year return on $34,650 initial cash invested.

8.94%

Cash On Cash

8.69%

Cap Rate

1.41

DSCR

$1,834

Rent

$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,834 income − $1,576 expenses = $258 cash flow

Income$1,834Mortgage P&I$84546%Property Taxes$19611%Insurance$583%Management$18310%CapEx$925%Vacancy$1106%Maintenance$925%Cash Flow$258

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,834

Total Expenses

$1,576

Mortgage P&I

46%

$845

Property Taxes

11%

$196

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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