REI Lense

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$3,363 (target)

5706 106th Ave E, Parrish, FL 34219

3 beds • 2 baths • 1460 sqft

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This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $90,912 initial cash invested.

1.23%

Cash On Cash

6.71%

Cap Rate

1.13

DSCR

$3,363

Rent

$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,363 income − $3,270 expenses = $93 cash flow

Income$3,363Mortgage P&I$1,71451%Property Taxes$2728%Insurance$1264%HOA$13Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$93

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,912

Downpayment

20%

$69,440

Closing costs

1%

$3,472

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,363

Total Expenses

$3,270

Mortgage P&I

51%

$1,714

Property Taxes

8%

$272

Home Insurance

4%

$126

HOA

0%

$13

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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