REI Lense

REI Lense

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$4,095 (target)

8322 Shore Lake Dr, Englewood, FL 34224

3 beds • 3 baths • 2198 sqft

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This property looks like a bad Mid-Term investment with a projected -0.88% first-year return on $91,290 initial cash invested.

-0.88%

Cash On Cash

6.28%

Cap Rate

1.06

DSCR

$4,095

Rent

-$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,290

Downpayment

20%

$69,800

Closing costs

1%

$3,490

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,095

Total Expenses

$4,162

Mortgage P&I

42%

$1,729

Property Taxes

15%

$616

Home Insurance

3%

$122

HOA

7%

$303

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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