REI Lense

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$2,638 (target)

520 W Ella J Gilmore St, Apopka, FL 32703

3 beds • 2 baths • 1040 sqft

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This property might be a fair Mid-Term investment with a projected 1.7% first-year return on $72,726 initial cash invested.

1.7%

Cash On Cash

6.95%

Cap Rate

1.16

DSCR

$2,638

Rent

$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,638 income − $2,535 expenses = $103 cash flow

Income$2,638Mortgage P&I$1,30149%Property Taxes$2429%Insurance$944%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29011%Cash Flow$103

Investment Breakdown

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Purchase Price

$261k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,726

Downpayment

20%

$52,120

Closing costs

1%

$2,606

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,638

Total Expenses

$2,535

Mortgage P&I

49%

$1,301

Property Taxes

9%

$242

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$290

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