REI Lense

REI Lense

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$3,278 (target)

3706 SW 2nd Pl, Gainesville, FL 32607

3 beds • 2 baths • 1901 sqft

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This property looks like a bad Mid-Term investment with a projected -6.54% first-year return on $103k initial cash invested.

-6.54%

Cash On Cash

4.71%

Cap Rate

0.79

DSCR

$3,278

Rent

-$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,200

Closing costs

1%

$4,060

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,278

Total Expenses

$3,841

Mortgage P&I

62%

$2,024

Property Taxes

17%

$553

Home Insurance

5%

$150

HOA

0%

$0

Property Management

12%

$393

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$361

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