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$4,062 (target)

2902 Red Alder Blvd, Ocoee, FL 34761

3 beds • 2 baths • 1849 sqft

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This property looks like a bad Mid-Term investment with a projected -2.84% first-year return on $105k initial cash invested.

-2.84%

Cash On Cash

5.7%

Cap Rate

0.96

DSCR

$4,062

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,062 income − $4,310 expenses = $248 out of pocket

Income$4,062Out of Pocket$248Mortgage P&I$2,05050%Property Taxes$55814%Insurance$1474%HOA$1754%Management$48712%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44711%

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,640

Closing costs

1%

$4,132

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,062

Total Expenses

$4,310

Mortgage P&I

50%

$2,050

Property Taxes

14%

$558

Home Insurance

4%

$147

HOA

4%

$175

Property Management

12%

$487

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$447

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