REI Lense

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$5,246 (target)

8342 Dominica Place, Wellington, FL 33414

3 beds • 3 baths • 2001 sqft

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This property looks like a bad Long-Term investment with a projected -12.37% first-year return on $164k initial cash invested.

-12.37%

Cash On Cash

3.75%

Cap Rate

0.63

DSCR

$5,246

Rent

-$1,695

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,246 income − $6,941 expenses = $1,695 out of pocket

Income$5,246Out of Pocket$1,695Mortgage P&I$3,88274%Property Taxes$84216%Insurance$2875%HOA$56611%Management$52510%CapEx$2625%Vacancy$3156%Maintenance$2625%

Investment Breakdown

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Purchase Price

$783k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$157k

Closing costs

1%

$7,830

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,246

Total Expenses

$6,941

Mortgage P&I

74%

$3,882

Property Taxes

16%

$842

Home Insurance

5%

$287

HOA

11%

$566

Property Management

10%

$525

CapEx

5%

$262

Vacancy

6%

$315

Maintenance

5%

$262

Other

0%

$0

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