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$2,760 (target)

829 N LAKE AVENUE, Lakeland, FL 33801

3 beds • 2 baths • 1108 sqft

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This property could be a profitable Mid-Term investment with a projected 10.09% first-year return on $58,656 initial cash invested.

10.09%

Cash On Cash

10.19%

Cap Rate

1.58

DSCR

$2,760

Rent

$493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,760 income − $2,267 expenses = $493 cash flow

Income$2,760Mortgage P&I$1,04138%Property Taxes$2188%Insurance$703%Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30411%Cash Flow$493

Investment Breakdown

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Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,656

Downpayment

20%

$38,720

Closing costs

1%

$1,936

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,760

Total Expenses

$2,267

Mortgage P&I

38%

$1,041

Property Taxes

8%

$218

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$304

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