REI Lense

REI Lense

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$2,154 (target)

9 Falls Ln, Havana, FL 32333

3 beds • 2 baths • 1600 sqft

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This property might be a fair Long-Term investment with a projected 2.37% first-year return on $55,293 initial cash invested.

2.37%

Cash On Cash

6.97%

Cap Rate

1.17

DSCR

$2,154

Rent

$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,154 income − $2,045 expenses = $109 cash flow

Income$2,154Mortgage P&I$1,31261%Property Taxes$683%Insurance$924%HOA$131%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%Cash Flow$109

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,293

Downpayment

20%

$52,660

Closing costs

1%

$2,633

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,154

Total Expenses

$2,045

Mortgage P&I

61%

$1,312

Property Taxes

3%

$68

Home Insurance

4%

$92

HOA

1%

$13

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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