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$6,776 (target)

713 Ernest Dr, Port Orange, FL 32127

3 beds • 3 baths • 3017 sqft

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This property looks like a bad Mid-Term investment with a projected -5.31% first-year return on $209k initial cash invested.

-5.31%

Cash On Cash

5.08%

Cap Rate

0.85

DSCR

$6,776

Rent

-$926

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,776 income − $7,702 expenses = $926 out of pocket

Income$6,776Out of Pocket$926Mortgage P&I$4,51267%Property Taxes$5378%Insurance$3505%Management$81312%CapEx$2714%Vacancy$2033%Maintenance$2714%Other$74511%

Investment Breakdown

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Purchase Price

$911k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$209k

Downpayment

20%

$182k

Closing costs

1%

$9,107

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,776

Total Expenses

$7,702

Mortgage P&I

67%

$4,512

Property Taxes

8%

$537

Home Insurance

5%

$350

HOA

0%

$0

Property Management

12%

$813

CapEx

4%

$271

Vacancy

3%

$203

Maintenance

4%

$271

Other

11%

$745

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