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$6,309 (target)

109 NE 17th Street, Delray Beach, FL 33444

3 beds • 2 baths • 1508 sqft

$1,069,500

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This property looks like a bad Mid-Term investment with a projected -11.77% first-year return on $243k initial cash invested.

-11.77%

Cash On Cash

3.69%

Cap Rate

0.61

DSCR

$6,309

Rent

-$2,380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,309 income − $8,689 expenses = $2,380 out of pocket

Income$6,309Out of Pocket$2,380Mortgage P&I$5,41586%Property Taxes$72812%Insurance$4026%Management$75712%CapEx$2524%Vacancy$1893%Maintenance$2524%Other$69411%

Investment Breakdown

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Purchase Price

$1070k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$243k

Downpayment

20%

$214k

Closing costs

1%

$10,695

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,309

Total Expenses

$8,689

Mortgage P&I

86%

$5,415

Property Taxes

12%

$728

Home Insurance

6%

$402

HOA

0%

$0

Property Management

12%

$757

CapEx

4%

$252

Vacancy

3%

$189

Maintenance

4%

$252

Other

11%

$694

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