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$1,962 (target)

1405 E VOORHIS AVENUE, Deland, FL 32724

3 beds • 2 baths • 1386 sqft

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This property looks like a bad Long-Term investment with a projected -13.25% first-year return on $69,090 initial cash invested.

-13.25%

Cash On Cash

3.78%

Cap Rate

0.61

DSCR

$1,962

Rent

-$763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,962 income − $2,725 expenses = $763 out of pocket

Income$1,962Out of Pocket$763Mortgage P&I$1,70187%Property Taxes$39720%Insurance$1176%Management$19610%CapEx$985%Vacancy$1186%Maintenance$985%

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,962

Total Expenses

$2,725

Mortgage P&I

87%

$1,701

Property Taxes

20%

$397

Home Insurance

6%

$117

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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