REI Lense

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$2,666 (target)

510 DEW DROP COVE, Casselberry, FL 32707

3 beds • 2 baths • 1525 sqft

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This property looks like a bad Long-Term investment with a projected -9.35% first-year return on $87,633 initial cash invested.

-9.35%

Cash On Cash

4.65%

Cap Rate

0.75

DSCR

$2,666

Rent

-$683

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $3,349 expenses = $683 out of pocket

Income$2,666Out of Pocket$683Mortgage P&I$2,16781%Property Taxes$31012%Insurance$1496%HOA$301%Management$26710%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,633

Downpayment

20%

$83,460

Closing costs

1%

$4,173

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,666

Total Expenses

$3,349

Mortgage P&I

81%

$2,167

Property Taxes

12%

$310

Home Insurance

6%

$149

HOA

1%

$30

Property Management

10%

$267

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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