REI Lense

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$3,240 (target)

6416 Borg St, Leesburg, FL 34748

3 beds • 2 baths • 1853 sqft

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This property might be a fair Mid-Term investment with a projected 4.15% first-year return on $79,887 initial cash invested.

4.15%

Cash On Cash

7.57%

Cap Rate

1.28

DSCR

$3,240

Rent

$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,240 income − $2,964 expenses = $276 cash flow

Income$3,240Mortgage P&I$1,45445%Property Taxes$1715%Insurance$1023%HOA$1354%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35611%Cash Flow$276

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,887

Downpayment

20%

$58,940

Closing costs

1%

$2,947

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,240

Total Expenses

$2,964

Mortgage P&I

45%

$1,454

Property Taxes

5%

$171

Home Insurance

3%

$102

HOA

4%

$135

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$356

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