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$2,472 (target)

113 WHITE AVENUE NE, Lake Placid, FL 33852

3 beds • 2 baths • 1196 sqft

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This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $65,187 initial cash invested.

1.86%

Cash On Cash

7.7%

Cap Rate

1.16

DSCR

$2,472

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,472 income − $2,371 expenses = $101 cash flow

Income$2,472Mortgage P&I$1,24250%Property Taxes$2068%Insurance$823%Management$29712%CapEx$994%Vacancy$743%Maintenance$994%Other$27211%Cash Flow$101

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,187

Downpayment

20%

$44,940

Closing costs

1%

$2,247

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,472

Total Expenses

$2,371

Mortgage P&I

50%

$1,242

Property Taxes

8%

$206

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$297

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

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