REI Lense

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$3,369 (target)

950 WOODSONG WAY, Clermont, FL 34714

3 beds • 2 baths • 1233 sqft

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This property might be a fair Mid-Term investment with a projected 2.58% first-year return on $79,866 initial cash invested.

2.58%

Cash On Cash

7.62%

Cap Rate

1.2

DSCR

$3,369

Rent

$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,369 income − $3,197 expenses = $172 cash flow

Income$3,369Mortgage P&I$1,56446%Property Taxes$32610%Insurance$1053%HOA$562%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%Cash Flow$172

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,866

Downpayment

20%

$58,920

Closing costs

1%

$2,946

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,369

Total Expenses

$3,197

Mortgage P&I

46%

$1,564

Property Taxes

10%

$326

Home Insurance

3%

$105

HOA

2%

$56

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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