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$2,688 (target)

3981 SE 142ND LANE, Summerfield, FL 34491

3 beds • 2 baths • 1532 sqft

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This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $79,950 initial cash invested.

0.8%

Cash On Cash

7.03%

Cap Rate

1.1

DSCR

$2,688

Rent

$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,688 income − $2,635 expenses = $53 cash flow

Income$2,688Mortgage P&I$1,56858%Property Taxes$482%Insurance$1034%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%Cash Flow$53

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,688

Total Expenses

$2,635

Mortgage P&I

58%

$1,568

Property Taxes

2%

$48

Home Insurance

4%

$103

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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