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$2,562 (target)

1106 Myrtle Ln, Cocoa, FL 32922

3 beds • 2 baths • 1173 sqft

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This property might be a fair Mid-Term investment with a projected 5.07% first-year return on $61,071 initial cash invested.

5.07%

Cash On Cash

8.67%

Cap Rate

1.32

DSCR

$2,562

Rent

$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,562 income − $2,304 expenses = $258 cash flow

Income$2,562Mortgage P&I$1,12144%Property Taxes$2439%Insurance$703%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28211%Cash Flow$258

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,071

Downpayment

20%

$41,020

Closing costs

1%

$2,051

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,562

Total Expenses

$2,304

Mortgage P&I

44%

$1,121

Property Taxes

9%

$243

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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