REI Lense

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$2,439 (target)

167 HOLDERNESS DRIVE, Longwood, FL 32779

3 beds • 2 baths • 1618 sqft

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This property looks like a bad Long-Term investment with a projected -12.9% first-year return on $91,329 initial cash invested.

-12.9%

Cash On Cash

3.86%

Cap Rate

0.62

DSCR

$2,439

Rent

-$982

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,439 income − $3,421 expenses = $982 out of pocket

Income$2,439Out of Pocket$982Mortgage P&I$2,25993%Property Taxes$34914%Insurance$1566%HOA$231%Management$24410%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,329

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,439

Total Expenses

$3,421

Mortgage P&I

93%

$2,259

Property Taxes

14%

$349

Home Insurance

6%

$156

HOA

1%

$23

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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