REI Lense

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$5,204 (target)

7373 Stuart Ave, Melbourne Beach, FL 32951

3 beds • 2 baths • 1534 sqft

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This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $127k initial cash invested.

2.57%

Cash On Cash

7.06%

Cap Rate

1.19

DSCR

$5,204

Rent

$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,204 income − $4,933 expenses = $271 cash flow

Income$5,204Mortgage P&I$2,56349%Property Taxes$4098%Insurance$1894%HOA$4Management$62412%CapEx$2084%Vacancy$1563%Maintenance$2084%Other$57211%Cash Flow$271

Investment Breakdown

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Purchase Price

$517k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$103k

Closing costs

1%

$5,173

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,204

Total Expenses

$4,933

Mortgage P&I

49%

$2,563

Property Taxes

8%

$409

Home Insurance

4%

$189

HOA

0%

$4

Property Management

12%

$624

CapEx

4%

$208

Vacancy

3%

$156

Maintenance

4%

$208

Other

11%

$572

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