REI Lense

REI Lense

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$1,558 (target)

708 Celery Ave, Sanford, FL 32771

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -10.92% first-year return on $46,032 initial cash invested.

-10.92%

Cash On Cash

4.69%

Cap Rate

0.72

DSCR

$1,558

Rent

-$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,558 income − $1,977 expenses = $419 out of pocket

Income$1,558Out of Pocket$419Mortgage P&I$1,19877%Property Taxes$30420%Insurance$704%Management$15610%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,032

Downpayment

20%

$43,840

Closing costs

1%

$2,192

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,558

Total Expenses

$1,977

Mortgage P&I

77%

$1,198

Property Taxes

20%

$304

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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