REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,805 (target)

6103 NW COUNTY ROAD 229, Starke, FL 32091

3 beds • 2 baths • 1504 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.13% first-year return on $93,999 initial cash invested.

-8.13%

Cash On Cash

4.41%

Cap Rate

0.72

DSCR

$2,805

Rent

-$637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,805 income − $3,442 expenses = $637 out of pocket

Income$2,805Out of Pocket$637Mortgage P&I$1,85466%Property Taxes$50618%Insurance$1285%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%

Investment Breakdown

|

Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,999

Downpayment

20%

$72,380

Closing costs

1%

$3,619

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,805

Total Expenses

$3,442

Mortgage P&I

66%

$1,854

Property Taxes

18%

$506

Home Insurance

5%

$128

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis