REI Lense

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$3,678 (target)

970 Kingfisher Way, Rockledge, FL 32955

3 beds • 2 baths • 1828 sqft

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This property looks like a bad Mid-Term investment with a projected -3.42% first-year return on $107k initial cash invested.

-3.42%

Cash On Cash

5.58%

Cap Rate

0.93

DSCR

$3,678

Rent

-$305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,678 income − $3,983 expenses = $305 out of pocket

Income$3,678Out of Pocket$305Mortgage P&I$2,12558%Property Taxes$44012%Insurance$1494%HOA$191%Management$44112%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40511%

Investment Breakdown

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Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,660

Closing costs

1%

$4,233

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,678

Total Expenses

$3,983

Mortgage P&I

58%

$2,125

Property Taxes

12%

$440

Home Insurance

4%

$149

HOA

1%

$19

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$405

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