REI Lense

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$4,051 (target)

340 Avenida Del Sol, Indialantic, FL 32903

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Long-Term investment with a projected -3.44% first-year return on $120k initial cash invested.

-3.44%

Cash On Cash

5.71%

Cap Rate

0.95

DSCR

$4,051

Rent

-$345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,051 income − $4,396 expenses = $345 out of pocket

Income$4,051Out of Pocket$345Mortgage P&I$2,87071%Property Taxes$2626%Insurance$2105%Management$40510%CapEx$2035%Vacancy$2436%Maintenance$2035%

Investment Breakdown

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Purchase Price

$574k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$115k

Closing costs

1%

$5,737

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,051

Total Expenses

$4,396

Mortgage P&I

71%

$2,870

Property Taxes

6%

$262

Home Insurance

5%

$210

HOA

0%

$0

Property Management

10%

$405

CapEx

5%

$203

Vacancy

6%

$243

Maintenance

5%

$203

Other

0%

$0

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