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$5,043 (target)

1621 Almeria CT, Marco Island, FL 34145

3 beds • 2 baths • 2292 sqft

$1,567,700

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This property looks like a bad Long-Term investment with a projected -20.71% first-year return on $329k initial cash invested.

-20.71%

Cash On Cash

1.87%

Cap Rate

0.31

DSCR

$5,043

Rent

-$5,681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,043 income − $10,724 expenses = $5,681 out of pocket

Income$5,043Out of Pocket$5,681Mortgage P&I$7,872156%Property Taxes$94819%Insurance$59312%Management$50410%CapEx$2525%Vacancy$3036%Maintenance$2525%

Investment Breakdown

|

Purchase Price

$1568k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$329k

Downpayment

20%

$314k

Closing costs

1%

$15,677

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,043

Total Expenses

$10,724

Mortgage P&I

156%

$7,872

Property Taxes

19%

$948

Home Insurance

12%

$593

HOA

0%

$0

Property Management

10%

$504

CapEx

5%

$252

Vacancy

6%

$303

Maintenance

5%

$252

Other

0%

$0

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