REI Lense

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$4,776 (target)

2696 Midland Ter, The Villages, FL 32162

3 beds • 2 baths • 2133 sqft

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This property looks like a bad Mid-Term investment with a projected -11.5% first-year return on $196k initial cash invested.

-11.5%

Cash On Cash

3.51%

Cap Rate

0.59

DSCR

$4,776

Rent

-$1,877

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$847k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$169k

Closing costs

1%

$8,469

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,776

Total Expenses

$6,653

Mortgage P&I

87%

$4,161

Property Taxes

8%

$359

Home Insurance

7%

$315

HOA

4%

$195

Property Management

12%

$573

CapEx

4%

$191

Vacancy

3%

$143

Maintenance

4%

$191

Other

11%

$525

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