REI Lense

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$3,129 (target)

1313 HERNDON AVENUE, Deltona, FL 32725

3 beds • 2 baths • 1072 sqft

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This property might be a fair Mid-Term investment with a projected 3.47% first-year return on $78,459 initial cash invested.

3.47%

Cash On Cash

7.8%

Cap Rate

1.23

DSCR

$3,129

Rent

$227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,129 income − $2,902 expenses = $227 cash flow

Income$3,129Mortgage P&I$1,52049%Property Taxes$2026%Insurance$1174%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%Cash Flow$227

Investment Breakdown

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Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,459

Downpayment

20%

$57,580

Closing costs

1%

$2,879

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,129

Total Expenses

$2,902

Mortgage P&I

49%

$1,520

Property Taxes

6%

$202

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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