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$2,078 (target)

2040 Old Dixie Hwy, Auburndale, FL 33823

3 beds • 2 baths • 1515 sqft

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This property looks like a bad Mid-Term investment with a projected -8.96% first-year return on $86,271 initial cash invested.

-8.96%

Cash On Cash

3.85%

Cap Rate

0.65

DSCR

$2,078

Rent

-$644

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,078 income − $2,722 expenses = $644 out of pocket

Income$2,078Out of Pocket$644Mortgage P&I$1,60377%Property Taxes$31915%Insurance$945%Management$24912%CapEx$834%Vacancy$623%Maintenance$834%Other$22911%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,271

Downpayment

20%

$65,020

Closing costs

1%

$3,251

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,078

Total Expenses

$2,722

Mortgage P&I

77%

$1,603

Property Taxes

15%

$319

Home Insurance

5%

$94

HOA

0%

$0

Property Management

12%

$249

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$229

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