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$4,868 (target)

24029 Old Bellamy Rd, High Springs, FL 32643

3 beds • 3 baths • 2596 sqft

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This property looks like a bad Mid-Term investment with a projected -2.46% first-year return on $122k initial cash invested.

-2.46%

Cash On Cash

5.92%

Cap Rate

0.98

DSCR

$4,868

Rent

-$249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,868 income − $5,117 expenses = $249 out of pocket

Income$4,868Out of Pocket$249Mortgage P&I$2,48851%Property Taxes$79416%Insurance$1804%Management$58412%CapEx$1954%Vacancy$1463%Maintenance$1954%Other$53511%

Investment Breakdown

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Purchase Price

$493k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$98,680

Closing costs

1%

$4,934

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,868

Total Expenses

$5,117

Mortgage P&I

51%

$2,488

Property Taxes

16%

$794

Home Insurance

4%

$180

HOA

0%

$0

Property Management

12%

$584

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$535

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