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113 Anderson St, Lake Placid, FL 33852

3 beds • 2 baths • 816 sqft

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This property could be a profitable Mid-Term investment with a projected 20.98% first-year return on $37,173 initial cash invested.

20.98%

Cash On Cash

15.61%

Cap Rate

2.57

DSCR

$1,892

Rent

$650

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$91,300

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,173

Downpayment

20%

$18,260

Closing costs

1%

$913

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$1,892

Total Expenses

$1,242

Mortgage P&I

24%

$462

Property Taxes

4%

$80

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$227

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$208

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