REI Lense

REI Lense

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$2,982 (target)

4405 De Len Dr, Panama City, FL 32404

3 beds • 3 baths • 2571 sqft

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This property looks like a bad Long-Term investment with a projected -14.29% first-year return on $152k initial cash invested.

-14.29%

Cash On Cash

3.11%

Cap Rate

0.53

DSCR

$2,982

Rent

-$1,809

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$724k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$145k

Closing costs

1%

$7,235

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,982

Total Expenses

$4,791

Mortgage P&I

119%

$3,534

Property Taxes

7%

$213

Home Insurance

9%

$269

HOA

0%

$0

Property Management

10%

$298

CapEx

5%

$149

Vacancy

6%

$179

Maintenance

5%

$149

Other

0%

$0

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