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$3,418 (target)

10209 COCOA BEACH STREET, Port Charlotte, FL 33981

3 beds • 2 baths • 2270 sqft

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This property looks like a bad Mid-Term investment with a projected -8% first-year return on $139k initial cash invested.

-8%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$3,418

Rent

-$925

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,418 income − $4,343 expenses = $925 out of pocket

Income$3,418Out of Pocket$925Mortgage P&I$2,90185%Property Taxes$782%Insurance$2016%Management$41012%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37611%

Investment Breakdown

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Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,750

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,418

Total Expenses

$4,343

Mortgage P&I

85%

$2,901

Property Taxes

2%

$78

Home Insurance

6%

$201

HOA

0%

$0

Property Management

12%

$410

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$376

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