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$7,434 (target)

1299 Apricot Ave, Marco Island, FL 34145

3 beds • 2 baths • 1707 sqft

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This property might be a fair Mid-Term investment with a projected 1.8% first-year return on $184k initial cash invested.

1.8%

Cash On Cash

6.82%

Cap Rate

1.15

DSCR

$7,434

Rent

$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,434 income − $7,158 expenses = $276 cash flow

Income$7,434Mortgage P&I$3,92753%Property Taxes$4065%Insurance$2984%Management$89212%CapEx$2974%Vacancy$2233%Maintenance$2974%Other$81811%Cash Flow$276

Investment Breakdown

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Purchase Price

$792k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$184k

Downpayment

20%

$158k

Closing costs

1%

$7,921

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,434

Total Expenses

$7,158

Mortgage P&I

53%

$3,927

Property Taxes

5%

$406

Home Insurance

4%

$298

HOA

0%

$0

Property Management

12%

$892

CapEx

4%

$297

Vacancy

3%

$223

Maintenance

4%

$297

Other

11%

$818

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