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$4,034 (target)

1554 Vernon Ct, Tallahassee, FL 32317

3 beds • 2 baths • 2101 sqft

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This property might be a fair Mid-Term investment with a projected 4.16% first-year return on $105k initial cash invested.

4.16%

Cash On Cash

7.64%

Cap Rate

1.25

DSCR

$4,034

Rent

$365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,034 income − $3,669 expenses = $365 cash flow

Income$4,034Mortgage P&I$2,12153%Property Taxes$271%Insurance$1504%Management$48412%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44411%Cash Flow$365

Investment Breakdown

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Purchase Price

$416k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,180

Closing costs

1%

$4,159

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,034

Total Expenses

$3,669

Mortgage P&I

53%

$2,121

Property Taxes

1%

$27

Home Insurance

4%

$150

HOA

0%

$0

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$444

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