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$3,814 (target)

12281 McGregor Palms Dr, Fort Myers, FL 33908

3 beds • 2 baths • 2130 sqft

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This property looks like a bad Long-Term investment with a projected -10.86% first-year return on $136k initial cash invested.

-10.86%

Cash On Cash

4.03%

Cap Rate

0.68

DSCR

$3,814

Rent

-$1,231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,814 income − $5,045 expenses = $1,231 out of pocket

Income$3,814Out of Pocket$1,231Mortgage P&I$3,21884%Property Taxes$36910%Insurance$2416%HOA$2256%Management$38110%CapEx$1915%Vacancy$2296%Maintenance$1915%

Investment Breakdown

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Purchase Price

$648k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$130k

Closing costs

1%

$6,480

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,814

Total Expenses

$5,045

Mortgage P&I

84%

$3,218

Property Taxes

10%

$369

Home Insurance

6%

$241

HOA

6%

$225

Property Management

10%

$381

CapEx

5%

$191

Vacancy

6%

$229

Maintenance

5%

$191

Other

0%

$0

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