REI Lense

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$2,986 (target)

1103 Ridgefield Dr, Valrico, FL 33594

3 beds • 2 baths • 2274 sqft

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This property looks like a bad Long-Term investment with a projected -12.89% first-year return on $112k initial cash invested.

-12.89%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$2,986

Rent

-$1,199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $4,185 expenses = $1,199 out of pocket

Income$2,986Out of Pocket$1,199Mortgage P&I$2,67089%Property Taxes$54718%Insurance$1926%Management$29910%CapEx$1495%Vacancy$1796%Maintenance$1495%

Investment Breakdown

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Purchase Price

$532k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$106k

Closing costs

1%

$5,317

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,986

Total Expenses

$4,185

Mortgage P&I

89%

$2,670

Property Taxes

18%

$547

Home Insurance

6%

$192

HOA

0%

$0

Property Management

10%

$299

CapEx

5%

$149

Vacancy

6%

$179

Maintenance

5%

$149

Other

0%

$0

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