REI Lense

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$3,650 (target)

5508 105th Ter E, Parrish, FL 34219

3 beds • 2 baths • 1700 sqft

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This property might be a fair Mid-Term investment with a projected 2.82% first-year return on $89,484 initial cash invested.

2.82%

Cash On Cash

7.37%

Cap Rate

1.21

DSCR

$3,650

Rent

$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,650 income − $3,440 expenses = $210 cash flow

Income$3,650Mortgage P&I$1,73648%Property Taxes$3279%Insurance$1223%HOA$13Management$43812%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$210

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,484

Downpayment

20%

$68,080

Closing costs

1%

$3,404

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,650

Total Expenses

$3,440

Mortgage P&I

48%

$1,736

Property Taxes

9%

$327

Home Insurance

3%

$122

HOA

0%

$13

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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