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$4,335 (target)

701 E 14th St, Lehigh Acres, FL 33972

3 beds • 2 baths • 1607 sqft

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This property might be a fair Mid-Term investment with a projected 5.29% first-year return on $99,774 initial cash invested.

5.29%

Cash On Cash

7.9%

Cap Rate

1.31

DSCR

$4,335

Rent

$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,335 income − $3,895 expenses = $440 cash flow

Income$4,335Mortgage P&I$1,95145%Property Taxes$3338%Insurance$1383%Management$52012%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47711%Cash Flow$440

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,774

Downpayment

20%

$77,880

Closing costs

1%

$3,894

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,335

Total Expenses

$3,895

Mortgage P&I

45%

$1,951

Property Taxes

8%

$333

Home Insurance

3%

$138

HOA

0%

$0

Property Management

12%

$520

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$477

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