REI Lense

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$3,904 (target)

5209 Eagle Drive, Fort Pierce, FL 34951

3 beds • 2 baths • 1604 sqft

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This property might be a fair Mid-Term investment with a projected 4.2% first-year return on $95,616 initial cash invested.

4.2%

Cash On Cash

7.62%

Cap Rate

1.26

DSCR

$3,904

Rent

$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,904 income − $3,569 expenses = $335 cash flow

Income$3,904Mortgage P&I$1,85648%Property Taxes$2506%Insurance$1333%HOA$4Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%Cash Flow$335

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,616

Downpayment

20%

$73,920

Closing costs

1%

$3,696

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,904

Total Expenses

$3,569

Mortgage P&I

48%

$1,856

Property Taxes

6%

$250

Home Insurance

3%

$133

HOA

0%

$4

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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