REI Lense

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$6,044 (target)

3715 Lancewood Place, Delray Beach, FL 33445

3 beds • 2 baths • 1884 sqft

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This property looks like a bad Mid-Term investment with a projected -0.31% first-year return on $152k initial cash invested.

-0.31%

Cash On Cash

6.34%

Cap Rate

1.06

DSCR

$6,044

Rent

-$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,044 income − $6,083 expenses = $39 out of pocket

Income$6,044Out of Pocket$39Mortgage P&I$3,15952%Property Taxes$4668%Insurance$2334%HOA$1703%Management$72512%CapEx$2424%Vacancy$1813%Maintenance$2424%Other$66511%

Investment Breakdown

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Purchase Price

$637k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$127k

Closing costs

1%

$6,367

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,044

Total Expenses

$6,083

Mortgage P&I

52%

$3,159

Property Taxes

8%

$466

Home Insurance

4%

$233

HOA

3%

$170

Property Management

12%

$725

CapEx

4%

$242

Vacancy

3%

$181

Maintenance

4%

$242

Other

11%

$665

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