REI Lense

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$2,852 (target)

3720 SE 24TH STREET, Ocala, FL 34471

3 beds • 2 baths • 1546 sqft

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This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $71,991 initial cash invested.

1.65%

Cash On Cash

7.5%

Cap Rate

1.15

DSCR

$2,852

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,852 income − $2,753 expenses = $99 cash flow

Income$2,852Mortgage P&I$1,39449%Property Taxes$30111%Insurance$883%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$99

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,991

Downpayment

20%

$51,420

Closing costs

1%

$2,571

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,852

Total Expenses

$2,753

Mortgage P&I

49%

$1,394

Property Taxes

11%

$301

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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