REI Lense

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$2,046 (target)

1690 N Clara Ave, Deland, FL 32720

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Long-Term investment with a projected -14.99% first-year return on $86,205 initial cash invested.

-14.99%

Cash On Cash

3.11%

Cap Rate

0.52

DSCR

$2,046

Rent

-$1,077

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,046 income − $3,123 expenses = $1,077 out of pocket

Income$2,046Out of Pocket$1,077Mortgage P&I$2,039100%Property Taxes$40320%Insurance$1497%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,205

Downpayment

20%

$82,100

Closing costs

1%

$4,105

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,046

Total Expenses

$3,123

Mortgage P&I

100%

$2,039

Property Taxes

20%

$403

Home Insurance

7%

$149

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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