REI Lense

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$2,817 (target)

612 Kensington St, Eustis, FL 32726

3 beds • 2 baths • 1400 sqft

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This property might be a fair Mid-Term investment with a projected 9.56% first-year return on $59,475 initial cash invested.

9.56%

Cash On Cash

9.85%

Cap Rate

1.57

DSCR

$2,817

Rent

$474

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,817 income − $2,343 expenses = $474 cash flow

Income$2,817Mortgage P&I$1,03437%Property Taxes$28010%Insurance$702%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%Cash Flow$474

Investment Breakdown

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Purchase Price

$198k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,475

Downpayment

20%

$39,500

Closing costs

1%

$1,975

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,817

Total Expenses

$2,343

Mortgage P&I

37%

$1,034

Property Taxes

10%

$280

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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