REI Lense

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$2,405 (target)

1467 Santorini Way, Tavares, FL 32778

3 beds • 2 baths • 1724 sqft

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This property looks like a bad Long-Term investment with a projected -13.65% first-year return on $94,498 initial cash invested.

-13.65%

Cash On Cash

3.47%

Cap Rate

0.58

DSCR

$2,405

Rent

-$1,075

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,405 income − $3,480 expenses = $1,075 out of pocket

Income$2,405Out of Pocket$1,075Mortgage P&I$2,25894%Property Taxes$843%Insurance$1587%HOA$35615%Management$24010%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,498

Downpayment

20%

$89,998

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,405

Total Expenses

$3,480

Mortgage P&I

94%

$2,258

Property Taxes

3%

$84

Home Insurance

7%

$158

HOA

15%

$356

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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