REI Lense

REI Lense

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$2,169 (target)

3421 Picadilly Ln, Panama City, FL 32405

3 beds • 2 baths • 1494 sqft

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This property looks like a bad Long-Term investment with a projected -10.56% first-year return on $69,552 initial cash invested.

-10.56%

Cash On Cash

4.78%

Cap Rate

0.72

DSCR

$2,169

Rent

-$612

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,169 income − $2,781 expenses = $612 out of pocket

Income$2,169Out of Pocket$612Mortgage P&I$1,82484%Property Taxes$27513%Insurance$1195%Management$21710%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

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Purchase Price

$331k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,552

Downpayment

20%

$66,240

Closing costs

1%

$3,312

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,169

Total Expenses

$2,781

Mortgage P&I

84%

$1,824

Property Taxes

13%

$275

Home Insurance

5%

$119

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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