REI Lense

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$1,824 (target)

2907 N Lancaster Road, Avon Park, FL 33825

3 beds • 2 baths • 1285 sqft

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This property might be a fair Long-Term investment with a projected 1.55% first-year return on $41,139 initial cash invested.

1.55%

Cash On Cash

7.43%

Cap Rate

1.13

DSCR

$1,824

Rent

$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,824 income − $1,771 expenses = $53 cash flow

Income$1,824Mortgage P&I$1,06959%Property Taxes$1599%Insurance$704%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%Cash Flow$53

Investment Breakdown

|

Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,139

Downpayment

20%

$39,180

Closing costs

1%

$1,959

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,824

Total Expenses

$1,771

Mortgage P&I

59%

$1,069

Property Taxes

9%

$159

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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