REI Lense

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$3,219 (target)

40621 E 2ND, Umatilla, FL 32784

3 beds • 2 baths • 1355 sqft

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This property might be a fair Mid-Term investment with a projected 3.16% first-year return on $86,248 initial cash invested.

3.16%

Cash On Cash

7.4%

Cap Rate

1.22

DSCR

$3,219

Rent

$227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,219 income − $2,992 expenses = $227 cash flow

Income$3,219Mortgage P&I$1,64951%Property Taxes$1344%Insurance$1144%Management$38612%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35411%Cash Flow$227

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,248

Downpayment

20%

$64,998

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,219

Total Expenses

$2,992

Mortgage P&I

51%

$1,649

Property Taxes

4%

$134

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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