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$2,398 (target)

921 NE Ave E, Winter Haven, FL 33881

3 beds • 2 baths • 1080 sqft

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This property could be a profitable Mid-Term investment with a projected 10.81% first-year return on $51,285 initial cash invested.

10.81%

Cash On Cash

10.39%

Cap Rate

1.69

DSCR

$2,398

Rent

$462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,398 income − $1,936 expenses = $462 cash flow

Income$2,398Mortgage P&I$81434%Property Taxes$24010%Insurance$663%Management$28812%CapEx$964%Vacancy$723%Maintenance$964%Other$26411%Cash Flow$462

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,285

Downpayment

20%

$31,700

Closing costs

1%

$1,585

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,398

Total Expenses

$1,936

Mortgage P&I

34%

$814

Property Taxes

10%

$240

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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