REI Lense

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$2,895 (target)

9 Palmira Rd, Debary, FL 32713

3 beds • 2 baths • 1090 sqft

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This property might be a fair Mid-Term investment with a projected 3.32% first-year return on $72,012 initial cash invested.

3.32%

Cash On Cash

7.69%

Cap Rate

1.24

DSCR

$2,895

Rent

$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,895 income − $2,696 expenses = $199 cash flow

Income$2,895Mortgage P&I$1,33446%Property Taxes$29110%Insurance$873%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$199

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,012

Downpayment

20%

$51,440

Closing costs

1%

$2,572

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,895

Total Expenses

$2,696

Mortgage P&I

46%

$1,334

Property Taxes

10%

$291

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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