REI Lense

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$2,805 (target)

120 EAGLE POINT BOULEVARD, Auburndale, FL 33823

3 beds • 2 baths • 1261 sqft

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This property might be a fair Mid-Term investment with a projected 3.89% first-year return on $66,678 initial cash invested.

3.89%

Cash On Cash

8.14%

Cap Rate

1.26

DSCR

$2,805

Rent

$216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,805 income − $2,589 expenses = $216 cash flow

Income$2,805Mortgage P&I$1,24444%Property Taxes$28410%Insurance$823%HOA$251%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%Cash Flow$216

Investment Breakdown

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Purchase Price

$232k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,678

Downpayment

20%

$46,360

Closing costs

1%

$2,318

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,805

Total Expenses

$2,589

Mortgage P&I

44%

$1,244

Property Taxes

10%

$284

Home Insurance

3%

$82

HOA

1%

$25

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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