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$7,872 (target)

1401 NE 103rd St, Miami Shores, FL 33138

3 beds • 3 baths • 2622 sqft

$1,637,300

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This property looks like a bad Long-Term investment with a projected -12.72% first-year return on $344k initial cash invested.

-12.72%

Cash On Cash

3.63%

Cap Rate

0.6

DSCR

$7,872

Rent

-$3,645

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,872 income − $11,517 expenses = $3,645 out of pocket

Income$7,872Out of Pocket$3,645Mortgage P&I$8,210104%Property Taxes$6488%Insurance$6128%Management$78710%CapEx$3945%Vacancy$4726%Maintenance$3945%

Investment Breakdown

|

Purchase Price

$1637k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$344k

Downpayment

20%

$327k

Closing costs

1%

$16,373

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,872

Total Expenses

$11,517

Mortgage P&I

104%

$8,210

Property Taxes

8%

$648

Home Insurance

8%

$612

HOA

0%

$0

Property Management

10%

$787

CapEx

5%

$394

Vacancy

6%

$472

Maintenance

5%

$394

Other

0%

$0

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