REI Lense

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$1,721 (target)

6757 DEER SPRINGS Road, Keystone Heights, FL 32656

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Long-Term investment with a projected -9.46% first-year return on $61,131 initial cash invested.

-9.46%

Cash On Cash

4.49%

Cap Rate

0.73

DSCR

$1,721

Rent

-$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,721 income − $2,203 expenses = $482 out of pocket

Income$1,721Out of Pocket$482Mortgage P&I$1,48686%Property Taxes$16510%Insurance$1056%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,131

Downpayment

20%

$58,220

Closing costs

1%

$2,911

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,721

Total Expenses

$2,203

Mortgage P&I

86%

$1,486

Property Taxes

10%

$165

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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