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$9,513 (target)

7222 Lake Forest Gln, Lakewood Ranch, FL 34202

3 beds • 3 baths • 2756 sqft

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This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $216k initial cash invested.

1.23%

Cash On Cash

6.71%

Cap Rate

1.13

DSCR

$9,513

Rent

$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,513 income − $9,291 expenses = $222 cash flow

Income$9,513Mortgage P&I$4,67949%Property Taxes$8279%Insurance$3484%HOA$2022%Management$1,14212%CapEx$3814%Vacancy$2853%Maintenance$3814%Other$1,04611%Cash Flow$222

Investment Breakdown

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Purchase Price

$945k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$216k

Downpayment

20%

$189k

Closing costs

1%

$9,449

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$9,513

Total Expenses

$9,291

Mortgage P&I

49%

$4,679

Property Taxes

9%

$827

Home Insurance

4%

$348

HOA

2%

$202

Property Management

12%

$1,142

CapEx

4%

$381

Vacancy

3%

$285

Maintenance

4%

$381

Other

11%

$1,046

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