REI Lense

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$1,659 (target)

7390 180th St, Mc Alpin, FL 32062

3 beds • 3 baths • 1853 sqft

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This property looks like a bad Long-Term investment with a projected -8.36% first-year return on $44,940 initial cash invested.

-8.36%

Cash On Cash

4.59%

Cap Rate

0.78

DSCR

$1,659

Rent

-$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,659 income − $1,972 expenses = $313 out of pocket

Income$1,659Out of Pocket$313Mortgage P&I$1,04863%Property Taxes$24515%Insurance$22013%HOA$272%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

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Purchase Price

$214k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,940

Downpayment

20%

$42,800

Closing costs

1%

$2,140

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,659

Total Expenses

$1,972

Mortgage P&I

63%

$1,048

Property Taxes

15%

$245

Home Insurance

13%

$220

HOA

2%

$27

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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