REI Lense

REI Lense

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$1,605 (target)

5715 Eunice Ct, Tallahassee, FL 32303

3 beds • 2 baths • 1272 sqft

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This property might be a fair Long-Term investment with a projected 4.87% first-year return on $37,170 initial cash invested.

4.87%

Cash On Cash

7.82%

Cap Rate

1.25

DSCR

$1,605

Rent

$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,605 income − $1,454 expenses = $151 cash flow

Income$1,605Mortgage P&I$92257%Property Taxes$835%Insurance$332%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%Cash Flow$151

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,170

Downpayment

20%

$35,400

Closing costs

1%

$1,770

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,605

Total Expenses

$1,454

Mortgage P&I

57%

$922

Property Taxes

5%

$83

Home Insurance

2%

$33

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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