REI Lense

REI Lense

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$2,895 (target)

487 Woodlawn Rd, Freeport, FL 32439

3 beds • 2 baths • 1200 sqft

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This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $89,379 initial cash invested.

0.77%

Cash On Cash

6.43%

Cap Rate

1.1

DSCR

$2,895

Rent

$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,895

Total Expenses

$2,838

Mortgage P&I

57%

$1,649

Property Taxes

3%

$86

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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