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$4,203 (target)

14192 Fort Myers Ave, Port Charlotte, FL 33981

3 beds • 4 baths • 2014 sqft

$1,049,000

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This property looks like a bad Mid-Term investment with a projected -15.42% first-year return on $238k initial cash invested.

-15.42%

Cash On Cash

2.78%

Cap Rate

0.46

DSCR

$4,203

Rent

-$3,062

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,203 income − $7,265 expenses = $3,062 out of pocket

Income$4,203Out of Pocket$3,062Mortgage P&I$5,321127%Property Taxes$1393%Insurance$3679%HOA$10Management$50412%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46211%

Investment Breakdown

|

Purchase Price

$1049k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$238k

Downpayment

20%

$210k

Closing costs

1%

$10,490

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,203

Total Expenses

$7,265

Mortgage P&I

127%

$5,321

Property Taxes

3%

$139

Home Insurance

9%

$367

HOA

0%

$10

Property Management

12%

$504

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$462

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