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$2,096 (target)

2904 NE 42ND ROAD, Ocala, FL 34470

3 beds • 2 baths • 1670 sqft

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This property looks like a bad Long-Term investment with a projected -8.23% first-year return on $56,595 initial cash invested.

-8.23%

Cash On Cash

5.38%

Cap Rate

0.81

DSCR

$2,096

Rent

-$388

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,096 income − $2,484 expenses = $388 out of pocket

Income$2,096Out of Pocket$388Mortgage P&I$1,49271%Property Taxes$30915%Insurance$965%HOA$412%Management$21010%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,595

Downpayment

20%

$53,900

Closing costs

1%

$2,695

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,096

Total Expenses

$2,484

Mortgage P&I

71%

$1,492

Property Taxes

15%

$309

Home Insurance

5%

$96

HOA

2%

$41

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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