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$3,068 (target)

1509 W Parkway St, Deland, FL 32720

3 beds • 2 baths • 1340 sqft

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This property might be a fair Mid-Term investment with a projected 5.49% first-year return on $78,900 initial cash invested.

5.49%

Cash On Cash

7.92%

Cap Rate

1.34

DSCR

$3,068

Rent

$361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,068 income − $2,707 expenses = $361 cash flow

Income$3,068Mortgage P&I$1,43047%Property Taxes$1324%Insurance$1023%Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33711%Cash Flow$361

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,068

Total Expenses

$2,707

Mortgage P&I

47%

$1,430

Property Taxes

4%

$132

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$337

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