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$2,924 (target)

3415 Patterson Heights Dr, Haines City, FL 33844

3 beds • 2 baths • 1732 sqft

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This property looks like a bad Mid-Term investment with a projected -5.52% first-year return on $96,792 initial cash invested.

-5.52%

Cash On Cash

4.93%

Cap Rate

0.82

DSCR

$2,924

Rent

-$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,924 income − $3,369 expenses = $445 out of pocket

Income$2,924Out of Pocket$445Mortgage P&I$1,87064%Property Taxes$30510%Insurance$1355%HOA$642%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,792

Downpayment

20%

$75,040

Closing costs

1%

$3,752

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,924

Total Expenses

$3,369

Mortgage P&I

64%

$1,870

Property Taxes

10%

$305

Home Insurance

5%

$135

HOA

2%

$64

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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