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$6,282 (target)

107 Corot Dr, Nokomis, FL 34275

3 beds • 3 baths • 1786 sqft

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This property could be a profitable Mid-Term investment with a projected 16.75% first-year return on $109k initial cash invested.

16.75%

Cash On Cash

10.93%

Cap Rate

1.81

DSCR

$6,282

Rent

$1,525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,282 income − $4,757 expenses = $1,525 cash flow

Income$6,282Mortgage P&I$2,18135%Property Taxes$2714%Insurance$1572%HOA$13Management$75412%CapEx$2514%Vacancy$1883%Maintenance$2514%Other$69111%Cash Flow$1,525

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,880

Closing costs

1%

$4,344

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,282

Total Expenses

$4,757

Mortgage P&I

35%

$2,181

Property Taxes

4%

$271

Home Insurance

3%

$157

HOA

0%

$13

Property Management

12%

$754

CapEx

4%

$251

Vacancy

3%

$188

Maintenance

4%

$251

Other

11%

$691

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