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$2,838 (target)

1495 Granada Ave, Daytona Beach, FL 32117

3 beds • 2 baths • 1499 sqft

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This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $68,190 initial cash invested.

4.47%

Cash On Cash

8.19%

Cap Rate

1.29

DSCR

$2,838

Rent

$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,838 income − $2,584 expenses = $254 cash flow

Income$2,838Mortgage P&I$1,26345%Property Taxes$27110%Insurance$843%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31211%Cash Flow$254

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,838

Total Expenses

$2,584

Mortgage P&I

45%

$1,263

Property Taxes

10%

$271

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$312

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