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$3,291 (target)

1639 11th Ave, Deland, FL 32724

3 beds • 2 baths • 1270 sqft

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This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $85,410 initial cash invested.

1.21%

Cash On Cash

6.73%

Cap Rate

1.14

DSCR

$3,291

Rent

$86

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,291 income − $3,205 expenses = $86 cash flow

Income$3,291Mortgage P&I$1,58348%Property Taxes$38612%Insurance$1164%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%Cash Flow$86

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,410

Downpayment

20%

$64,200

Closing costs

1%

$3,210

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,291

Total Expenses

$3,205

Mortgage P&I

48%

$1,583

Property Taxes

12%

$386

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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