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$5,358 (target)

3399 NW 56th Ave, Ocala, FL 34482

3 beds • 3 baths • 2763 sqft

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This property might be a fair Mid-Term investment with a projected 0.2% first-year return on $121k initial cash invested.

0.2%

Cash On Cash

6.5%

Cap Rate

1.1

DSCR

$5,358

Rent

$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,358 income − $5,338 expenses = $20 cash flow

Income$5,358Mortgage P&I$2,43145%Property Taxes$3837%Insurance$1753%HOA$52810%Management$64312%CapEx$2144%Vacancy$1613%Maintenance$2144%Other$58911%Cash Flow$20

Investment Breakdown

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Purchase Price

$492k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,340

Closing costs

1%

$4,917

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,358

Total Expenses

$5,338

Mortgage P&I

45%

$2,431

Property Taxes

7%

$383

Home Insurance

3%

$175

HOA

10%

$528

Property Management

12%

$643

CapEx

4%

$214

Vacancy

3%

$161

Maintenance

4%

$214

Other

11%

$589

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