REI Lense

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$1,948 (target)

45 Lake Dr, Debary, FL 32713

3 beds • 2 baths • 1364 sqft

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This property looks like a bad Long-Term investment with a projected -12.74% first-year return on $68,691 initial cash invested.

-12.74%

Cash On Cash

3.8%

Cap Rate

0.62

DSCR

$1,948

Rent

-$729

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,948 income − $2,677 expenses = $729 out of pocket

Income$1,948Out of Pocket$729Mortgage P&I$1,66886%Property Taxes$38820%Insurance$1156%Management$19510%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,691

Downpayment

20%

$65,420

Closing costs

1%

$3,271

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,948

Total Expenses

$2,677

Mortgage P&I

86%

$1,668

Property Taxes

20%

$388

Home Insurance

6%

$115

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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