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$9,711 (target)

10417 NE 2nd Ave, Miami Shores, FL 33138

3 beds • 2 baths • 1656 sqft

$1,131,500

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This property looks like a bad Mid-Term investment with a projected -5.36% first-year return on $256k initial cash invested.

-5.36%

Cash On Cash

5.87%

Cap Rate

0.88

DSCR

$9,711

Rent

-$1,141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,711 income − $10,852 expenses = $1,141 out of pocket

Income$9,711Out of Pocket$1,141Mortgage P&I$6,29165%Property Taxes$8459%Insurance$4164%Management$1,16512%CapEx$3884%Vacancy$2913%Maintenance$3884%Other$1,06811%

Investment Breakdown

|

Purchase Price

$1132k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$256k

Downpayment

20%

$226k

Closing costs

1%

$11,315

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$9,711

Total Expenses

$10,852

Mortgage P&I

65%

$6,291

Property Taxes

9%

$845

Home Insurance

4%

$416

HOA

0%

$0

Property Management

12%

$1,165

CapEx

4%

$388

Vacancy

3%

$291

Maintenance

4%

$388

Other

11%

$1,068

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