REI Lense

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$4,346 (target)

2704 BURGOYNE PLACE, Deland, FL 32720

3 beds • 3 baths • 2226 sqft

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This property might be a fair Mid-Term investment with a projected 6.27% first-year return on $102k initial cash invested.

6.27%

Cash On Cash

8.3%

Cap Rate

1.34

DSCR

$4,346

Rent

$532

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,346 income − $3,814 expenses = $532 cash flow

Income$4,346Mortgage P&I$2,05447%Property Taxes$1052%Insurance$1403%HOA$371%Management$52212%CapEx$1744%Vacancy$1303%Maintenance$1744%Other$47811%Cash Flow$532

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,346

Total Expenses

$3,814

Mortgage P&I

47%

$2,054

Property Taxes

2%

$105

Home Insurance

3%

$140

HOA

1%

$37

Property Management

12%

$522

CapEx

4%

$174

Vacancy

3%

$130

Maintenance

4%

$174

Other

11%

$478

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