REI Lense

REI Lense

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$2,272 (target)

530 Jessanda Way, Lakeland, FL 33813

3 beds • 2 baths • 1690 sqft

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This property looks like a bad Long-Term investment with a projected -7.3% first-year return on $73,857 initial cash invested.

-7.3%

Cash On Cash

4.77%

Cap Rate

0.81

DSCR

$2,272

Rent

-$449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,272 income − $2,721 expenses = $449 out of pocket

Income$2,272Out of Pocket$449Mortgage P&I$1,73476%Property Taxes$24111%Insurance$1225%HOA$331%Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,857

Downpayment

20%

$70,340

Closing costs

1%

$3,517

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,272

Total Expenses

$2,721

Mortgage P&I

76%

$1,734

Property Taxes

11%

$241

Home Insurance

5%

$122

HOA

1%

$33

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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