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$5,721 (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 Mid-Term investment with a projected -2.17% first-year return on $154k initial cash invested.

-2.17%

Cash On Cash

5.87%

Cap Rate

0.98

DSCR

$5,721

Rent

-$278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,721 income − $5,999 expenses = $278 out of pocket

Income$5,721Out of Pocket$278Mortgage P&I$3,21856%Property Taxes$3696%Insurance$2414%HOA$2254%Management$68712%CapEx$2294%Vacancy$1723%Maintenance$2294%Other$62911%

Investment Breakdown

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Purchase Price

$648k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,480

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,721

Total Expenses

$5,999

Mortgage P&I

56%

$3,218

Property Taxes

6%

$369

Home Insurance

4%

$241

HOA

4%

$225

Property Management

12%

$687

CapEx

4%

$229

Vacancy

3%

$172

Maintenance

4%

$229

Other

11%

$629

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