REI Lense

REI Lense

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$1,555 (target)

6334 High Point Rd, Panama City, FL 32404

3 beds • 2 baths • 2531 sqft

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This property looks like a bad Long-Term investment with a projected -19.95% first-year return on $101k initial cash invested.

-19.95%

Cash On Cash

1.98%

Cap Rate

0.33

DSCR

$1,555

Rent

-$1,674

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,555 income − $3,229 expenses = $1,674 out of pocket

Income$1,555Out of Pocket$1,674Mortgage P&I$2,389154%Property Taxes$26717%Insurance$16811%Management$15610%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$95,900

Closing costs

1%

$4,795

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,555

Total Expenses

$3,229

Mortgage P&I

154%

$2,389

Property Taxes

17%

$267

Home Insurance

11%

$168

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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