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$2,943 (target)

1405 E VOORHIS AVENUE, Deland, FL 32724

3 beds • 2 baths • 1386 sqft

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This property looks like a bad Mid-Term investment with a projected -3.76% first-year return on $87,090 initial cash invested.

-3.76%

Cash On Cash

5.64%

Cap Rate

0.91

DSCR

$2,943

Rent

-$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,943 income − $3,216 expenses = $273 out of pocket

Income$2,943Out of Pocket$273Mortgage P&I$1,70158%Property Taxes$39713%Insurance$1174%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,943

Total Expenses

$3,216

Mortgage P&I

58%

$1,701

Property Taxes

13%

$397

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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