REI Lense

REI Lense

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$2,560 (target)

9651 Spring Lake Dr, Clermont, FL 34711

3 beds • 2 baths • 2084 sqft

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This property looks like a bad Long-Term investment with a projected -10.74% first-year return on $90,132 initial cash invested.

-10.74%

Cash On Cash

4.14%

Cap Rate

0.69

DSCR

$2,560

Rent

-$807

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $3,367 expenses = $807 out of pocket

Income$2,560Out of Pocket$807Mortgage P&I$2,15984%Property Taxes$2329%Insurance$1556%HOA$1556%Management$25610%CapEx$1285%Vacancy$1546%Maintenance$1285%

Investment Breakdown

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Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,132

Downpayment

20%

$85,840

Closing costs

1%

$4,292

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,560

Total Expenses

$3,367

Mortgage P&I

84%

$2,159

Property Taxes

9%

$232

Home Insurance

6%

$155

HOA

6%

$155

Property Management

10%

$256

CapEx

5%

$128

Vacancy

6%

$154

Maintenance

5%

$128

Other

0%

$0

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