REI Lense

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$1,242 (target)

499 58TH Street, Keystone Heights, FL 32656

3 beds • 2 baths • 1484 sqft

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This property could be a profitable Long-Term investment with a projected 15.64% first-year return on $20,643 initial cash invested.

15.64%

Cash On Cash

10.6%

Cap Rate

1.62

DSCR

$1,242

Rent

$269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,242 income − $973 expenses = $269 cash flow

Income$1,242Mortgage P&I$53743%Property Taxes$333%Insurance$806%Management$12410%CapEx$625%Vacancy$756%Maintenance$625%Cash Flow$269

Investment Breakdown

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Purchase Price

$98,300

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$20,643

Downpayment

20%

$19,660

Closing costs

1%

$983

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,242

Total Expenses

$973

Mortgage P&I

43%

$537

Property Taxes

3%

$33

Home Insurance

6%

$80

HOA

0%

$0

Property Management

10%

$124

CapEx

5%

$62

Vacancy

6%

$75

Maintenance

5%

$62

Other

0%

$0

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