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$4,107 (target)

437 Merrimac Dr, Port Orange, FL 32127

3 beds • 2 baths • 1762 sqft

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This property might be a fair Mid-Term investment with a projected 3.04% first-year return on $96,750 initial cash invested.

3.04%

Cash On Cash

7.29%

Cap Rate

1.22

DSCR

$4,107

Rent

$245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,107 income − $3,862 expenses = $245 cash flow

Income$4,107Mortgage P&I$1,86946%Property Taxes$46611%Insurance$1313%Management$49312%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45211%Cash Flow$245

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,107

Total Expenses

$3,862

Mortgage P&I

46%

$1,869

Property Taxes

11%

$466

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$493

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$452

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