REI Lense

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$2,301 (target)

2430 SW 6th Ave, Ocala, FL 34471

3 beds • 3 baths • 1784 sqft

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This property could be a profitable Long-Term investment with a projected 14.16% first-year return on $41,517 initial cash invested.

14.16%

Cash On Cash

10.2%

Cap Rate

1.56

DSCR

$2,301

Rent

$490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,301 income − $1,811 expenses = $490 cash flow

Income$2,301Mortgage P&I$1,07547%Property Taxes$613%Insurance$773%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%Cash Flow$490

Investment Breakdown

|

Purchase Price

$198k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,517

Downpayment

20%

$39,540

Closing costs

1%

$1,977

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,301

Total Expenses

$1,811

Mortgage P&I

47%

$1,075

Property Taxes

3%

$61

Home Insurance

3%

$77

HOA

0%

$0

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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