REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,994 (target)

388 NW Desoto St, Lake City, FL 32055

3 beds • 2 baths • 2331 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.48% first-year return on $82,890 initial cash invested.

-2.48%

Cash On Cash

6.44%

Cap Rate

0.97

DSCR

$2,994

Rent

-$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,994 income − $3,165 expenses = $171 out of pocket

Income$2,994Out of Pocket$171Mortgage P&I$1,71057%Property Taxes$32511%Insurance$1124%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,890

Downpayment

20%

$61,800

Closing costs

1%

$3,090

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,994

Total Expenses

$3,165

Mortgage P&I

57%

$1,710

Property Taxes

11%

$325

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis