REI Lense

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$2,479 (target)

3828 Oak Pointe Dr, Lady Lake, FL 32159

3 beds • 2 baths • 2523 sqft

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This property looks like a bad Long-Term investment with a projected -19.99% first-year return on $146k initial cash invested.

-19.99%

Cash On Cash

1.97%

Cap Rate

0.33

DSCR

$2,479

Rent

-$2,430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,479 income − $4,909 expenses = $2,430 out of pocket

Income$2,479Out of Pocket$2,430Mortgage P&I$3,447139%Property Taxes$54222%Insurance$25410%HOA$211%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

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Purchase Price

$695k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$139k

Closing costs

1%

$6,947

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,479

Total Expenses

$4,909

Mortgage P&I

139%

$3,447

Property Taxes

22%

$542

Home Insurance

10%

$254

HOA

1%

$21

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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