REI Lense

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$3,122 (target)

346 Hidden Creek Cir, Wauchula, FL 33873

3 beds • 2 baths • 1341 sqft

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This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $81,294 initial cash invested.

1.42%

Cash On Cash

6.87%

Cap Rate

1.15

DSCR

$3,122

Rent

$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,122 income − $3,026 expenses = $96 cash flow

Income$3,122Mortgage P&I$1,50448%Property Taxes$32610%Insurance$1073%HOA$271%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%Cash Flow$96

Investment Breakdown

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Purchase Price

$301k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,294

Downpayment

20%

$60,280

Closing costs

1%

$3,014

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,122

Total Expenses

$3,026

Mortgage P&I

48%

$1,504

Property Taxes

10%

$326

Home Insurance

3%

$107

HOA

1%

$27

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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