REI Lense

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$4,252 (target)

2330 Pleasant Dr, Longwood, FL 32779

3 beds • 2 baths • 1311 sqft

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This property might be a fair Mid-Term investment with a projected 7.34% first-year return on $99,942 initial cash invested.

7.34%

Cash On Cash

8.28%

Cap Rate

1.41

DSCR

$4,252

Rent

$611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,252 income − $3,641 expenses = $611 cash flow

Income$4,252Mortgage P&I$1,91145%Property Taxes$1183%Insurance$1383%HOA$281%Management$51012%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%Cash Flow$611

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,942

Downpayment

20%

$78,040

Closing costs

1%

$3,902

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,252

Total Expenses

$3,641

Mortgage P&I

45%

$1,911

Property Taxes

3%

$118

Home Insurance

3%

$138

HOA

1%

$28

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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