REI Lense

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$1,740 (target)

633 3rd St, Chipley, FL 32428

3 beds • 2 baths • 1823 sqft

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This property could be a profitable Long-Term investment with a projected 14.79% first-year return on $31,080 initial cash invested.

14.79%

Cash On Cash

10.06%

Cap Rate

1.61

DSCR

$1,740

Rent

$383

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,740 income − $1,357 expenses = $383 cash flow

Income$1,740Mortgage P&I$77144%Property Taxes$925%Insurance$422%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%Cash Flow$383

Investment Breakdown

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Purchase Price

$148k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,080

Downpayment

20%

$29,600

Closing costs

1%

$1,480

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,740

Total Expenses

$1,357

Mortgage P&I

44%

$771

Property Taxes

5%

$92

Home Insurance

2%

$42

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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