REI Lense

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$3,171 (target)

918 Revere Ave, Haines City, FL 33844

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Mid-Term investment with a projected -0.64% first-year return on $88,581 initial cash invested.

-0.64%

Cash On Cash

6.31%

Cap Rate

1.05

DSCR

$3,171

Rent

-$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,171 income − $3,218 expenses = $47 out of pocket

Income$3,171Out of Pocket$47Mortgage P&I$1,68653%Property Taxes$2799%Insurance$1194%HOA$552%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,581

Downpayment

20%

$67,220

Closing costs

1%

$3,361

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,171

Total Expenses

$3,218

Mortgage P&I

53%

$1,686

Property Taxes

9%

$279

Home Insurance

4%

$119

HOA

2%

$55

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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