REI Lense

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$1,934 (target)

4023 Concord Blvd, Chipley, FL 32428

3 beds • 2 baths • 1416 sqft

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This property might be a fair Long-Term investment with a projected 4.07% first-year return on $47,229 initial cash invested.

4.07%

Cash On Cash

7.65%

Cap Rate

1.22

DSCR

$1,934

Rent

$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,934 income − $1,774 expenses = $160 cash flow

Income$1,934Mortgage P&I$1,17761%Property Taxes$151%Insurance$794%Management$19310%CapEx$975%Vacancy$1166%Maintenance$975%Cash Flow$160

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,934

Total Expenses

$1,774

Mortgage P&I

61%

$1,177

Property Taxes

1%

$15

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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