REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,547 (target)

907 NE 24TH STREET, Gainesville, FL 32641

3 beds • 2 baths • 1098 sqft

Email

This property might be a fair Long-Term investment with a projected 2.78% first-year return on $31,479 initial cash invested.

2.78%

Cash On Cash

7.89%

Cap Rate

1.18

DSCR

$1,547

Rent

$73

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,547 income − $1,474 expenses = $73 cash flow

Income$1,547Mortgage P&I$83654%Property Taxes$18412%Insurance$523%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%Cash Flow$73

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,547

Total Expenses

$1,474

Mortgage P&I

54%

$836

Property Taxes

12%

$184

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis