REI Lense

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$2,763 (target)

630 E Thelma St, Lake Alfred, FL 33850

3 beds • 2 baths • 1689 sqft

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This property looks like a bad Mid-Term investment with a projected -3.61% first-year return on $85,179 initial cash invested.

-3.61%

Cash On Cash

5.48%

Cap Rate

0.91

DSCR

$2,763

Rent

-$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,763 income − $3,019 expenses = $256 out of pocket

Income$2,763Out of Pocket$256Mortgage P&I$1,60558%Property Taxes$35913%Insurance$1144%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,763

Total Expenses

$3,019

Mortgage P&I

58%

$1,605

Property Taxes

13%

$359

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

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