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$7,974 (target)

1540 Bay Shore Dr, Cocoa Beach, FL 32931

3 beds • 2 baths • 1876 sqft

$1,251,800

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This property looks like a bad Mid-Term investment with a projected -8.17% first-year return on $281k initial cash invested.

-8.17%

Cash On Cash

4.5%

Cap Rate

0.75

DSCR

$7,974

Rent

-$1,912

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,974 income − $9,886 expenses = $1,912 out of pocket

Income$7,974Out of Pocket$1,912Mortgage P&I$6,28679%Property Taxes$4175%Insurance$4726%Management$95712%CapEx$3194%Vacancy$2393%Maintenance$3194%Other$87711%

Investment Breakdown

|

Purchase Price

$1252k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$281k

Downpayment

20%

$250k

Closing costs

1%

$12,518

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,974

Total Expenses

$9,886

Mortgage P&I

79%

$6,286

Property Taxes

5%

$417

Home Insurance

6%

$472

HOA

0%

$0

Property Management

12%

$957

CapEx

4%

$319

Vacancy

3%

$239

Maintenance

4%

$319

Other

11%

$877

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