REI Lense

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$3,442 (target)

54285 Jessica Pl, Callahan, FL 32011

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Mid-Term investment with a projected -5.69% first-year return on $117k initial cash invested.

-5.69%

Cash On Cash

5.1%

Cap Rate

0.83

DSCR

$3,442

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,442 income − $3,996 expenses = $554 out of pocket

Income$3,442Out of Pocket$554Mortgage P&I$2,41570%Property Taxes$2327%Insurance$1705%HOA$8Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%

Investment Breakdown

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Purchase Price

$471k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,140

Closing costs

1%

$4,707

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,442

Total Expenses

$3,996

Mortgage P&I

70%

$2,415

Property Taxes

7%

$232

Home Insurance

5%

$170

HOA

0%

$8

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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