REI Lense

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$1,856 (target)

400 Paradise Woods Ct, Davenport, FL 33896

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Long-Term investment with a projected -11.4% first-year return on $59,157 initial cash invested.

-11.4%

Cash On Cash

4.03%

Cap Rate

0.67

DSCR

$1,856

Rent

-$562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,856 income − $2,418 expenses = $562 out of pocket

Income$1,856Out of Pocket$562Mortgage P&I$1,41576%Property Taxes$33518%Insurance$1015%HOA$845%Management$18610%CapEx$935%Vacancy$1116%Maintenance$935%

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,157

Downpayment

20%

$56,340

Closing costs

1%

$2,817

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,856

Total Expenses

$2,418

Mortgage P&I

76%

$1,415

Property Taxes

18%

$335

Home Insurance

5%

$101

HOA

5%

$84

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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