REI Lense

REI Lense

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$4,188 (target)

806 Minnesota Street, Lantana, FL 33462

3 beds • 3 baths • 2258 sqft

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This property looks like a bad Long-Term investment with a projected -2.24% first-year return on $101k initial cash invested.

-2.24%

Cash On Cash

6.17%

Cap Rate

1.01

DSCR

$4,188

Rent

-$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,188 income − $4,377 expenses = $189 out of pocket

Income$4,188Out of Pocket$189Mortgage P&I$2,46459%Property Taxes$65116%Insurance$1744%Management$41910%CapEx$2095%Vacancy$2516%Maintenance$2095%

Investment Breakdown

|

Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$96,640

Closing costs

1%

$4,832

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,188

Total Expenses

$4,377

Mortgage P&I

59%

$2,464

Property Taxes

16%

$651

Home Insurance

4%

$174

HOA

0%

$0

Property Management

10%

$419

CapEx

5%

$209

Vacancy

6%

$251

Maintenance

5%

$209

Other

0%

$0

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