REI Lense

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$3,246 (target)

6419 Borg St, Leesburg, FL 34748

3 beds • 2 baths • 1964 sqft

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This property might be a fair Mid-Term investment with a projected 3.27% first-year return on $79,929 initial cash invested.

3.27%

Cash On Cash

7.46%

Cap Rate

1.23

DSCR

$3,246

Rent

$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,246 income − $3,028 expenses = $218 cash flow

Income$3,246Mortgage P&I$1,48646%Property Taxes$2006%Insurance$1033%HOA$1354%Management$39012%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%Cash Flow$218

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,929

Downpayment

20%

$58,980

Closing costs

1%

$2,949

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,246

Total Expenses

$3,028

Mortgage P&I

46%

$1,486

Property Taxes

6%

$200

Home Insurance

3%

$103

HOA

4%

$135

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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