REI Lense

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$3,026 (target)

698 Thuringer Street NW, Palm Bay, FL 32907

3 beds • 2 baths • 1721 sqft

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This property might be a fair Mid-Term investment with a projected 4.48% first-year return on $81,210 initial cash invested.

4.48%

Cash On Cash

7.59%

Cap Rate

1.29

DSCR

$3,026

Rent

$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,026 income − $2,723 expenses = $303 cash flow

Income$3,026Mortgage P&I$1,48149%Property Taxes$913%Insurance$1224%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%Cash Flow$303

Investment Breakdown

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Purchase Price

$301k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,210

Downpayment

20%

$60,200

Closing costs

1%

$3,010

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,026

Total Expenses

$2,723

Mortgage P&I

49%

$1,481

Property Taxes

3%

$91

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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