REI Lense

REI Lense

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$3,308 (target)

5865 Keystone Ave, Cocoa, FL 32927

3 beds • 2 baths • 1170 sqft

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This property might be a fair Mid-Term investment with a projected 4.88% first-year return on $85,389 initial cash invested.

4.88%

Cash On Cash

7.64%

Cap Rate

1.31

DSCR

$3,308

Rent

$347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,389

Downpayment

20%

$64,180

Closing costs

1%

$3,209

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,308

Total Expenses

$2,961

Mortgage P&I

47%

$1,565

Property Taxes

5%

$156

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

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