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$3,489 (target)

517 Illinois Ave, Saint Cloud, FL 34769

3 beds • 2 baths • 1320 sqft

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This property might be a fair Mid-Term investment with a projected 4.77% first-year return on $88,308 initial cash invested.

4.77%

Cash On Cash

7.79%

Cap Rate

1.29

DSCR

$3,489

Rent

$351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,489 income − $3,138 expenses = $351 cash flow

Income$3,489Mortgage P&I$1,68248%Property Taxes$1494%Insurance$1193%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%Cash Flow$351

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,308

Downpayment

20%

$66,960

Closing costs

1%

$3,348

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,489

Total Expenses

$3,138

Mortgage P&I

48%

$1,682

Property Taxes

4%

$149

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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