REI Lense

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$1,813 (target)

6614 NW 26th Ter, Gainesville, FL 32653

3 beds • 2 baths • 1174 sqft

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This property might be a fair Long-Term investment with a projected 2.75% first-year return on $40,215 initial cash invested.

2.75%

Cash On Cash

7.57%

Cap Rate

1.18

DSCR

$1,813

Rent

$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,813 income − $1,721 expenses = $92 cash flow

Income$1,813Mortgage P&I$1,02557%Property Taxes$1559%Insurance$694%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$92

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,215

Downpayment

20%

$38,300

Closing costs

1%

$1,915

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,813

Total Expenses

$1,721

Mortgage P&I

57%

$1,025

Property Taxes

9%

$155

Home Insurance

4%

$69

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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