REI Lense

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$2,442 (target)

660 Oleander St, Mount Dora, FL 32757

3 beds • 2 baths • 1681 sqft

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This property might be a fair Long-Term investment with a projected 0.84% first-year return on $65,961 initial cash invested.

0.84%

Cash On Cash

6.62%

Cap Rate

1.11

DSCR

$2,442

Rent

$46

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,442 income − $2,396 expenses = $46 cash flow

Income$2,442Mortgage P&I$1,56564%Property Taxes$653%Insurance$1145%HOA$171%Management$24410%CapEx$1225%Vacancy$1476%Maintenance$1225%Cash Flow$46

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,961

Downpayment

20%

$62,820

Closing costs

1%

$3,141

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,442

Total Expenses

$2,396

Mortgage P&I

64%

$1,565

Property Taxes

3%

$65

Home Insurance

5%

$114

HOA

1%

$17

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

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