REI Lense

REI Lense

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$3,036 (target)

685 Bella Vista Dr, Titusville, FL 32780

3 beds • 3 baths • 2300 sqft

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This property looks like a bad Long-Term investment with a projected -7.24% first-year return on $98,721 initial cash invested.

-7.24%

Cash On Cash

4.88%

Cap Rate

0.81

DSCR

$3,036

Rent

-$596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,036 income − $3,632 expenses = $596 out of pocket

Income$3,036Out of Pocket$596Mortgage P&I$2,35578%Property Taxes$31010%Insurance$1686%HOA$9Management$30410%CapEx$1525%Vacancy$1826%Maintenance$1525%

Investment Breakdown

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Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,721

Downpayment

20%

$94,020

Closing costs

1%

$4,701

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,036

Total Expenses

$3,632

Mortgage P&I

78%

$2,355

Property Taxes

10%

$310

Home Insurance

6%

$168

HOA

0%

$9

Property Management

10%

$304

CapEx

5%

$152

Vacancy

6%

$182

Maintenance

5%

$152

Other

0%

$0

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