REI Lense

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$2,976 (target)

600 Fourwind St, Deltona, FL 32725

3 beds • 2 baths • 1521 sqft

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This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $86,250 initial cash invested.

1.86%

Cash On Cash

6.96%

Cap Rate

1.16

DSCR

$2,976

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,976 income − $2,842 expenses = $134 cash flow

Income$2,976Mortgage P&I$1,63155%Property Taxes$863%Insurance$1144%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32711%Cash Flow$134

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,976

Total Expenses

$2,842

Mortgage P&I

55%

$1,631

Property Taxes

3%

$86

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$327

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