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$3,202 (target)

1632 CAINS AVENUE NW, Palm Bay, FL 32907

3 beds • 2 baths • 1734 sqft

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This property might be a fair Mid-Term investment with a projected 1.58% first-year return on $81,441 initial cash invested.

1.58%

Cash On Cash

7.02%

Cap Rate

1.15

DSCR

$3,202

Rent

$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,202 income − $3,095 expenses = $107 cash flow

Income$3,202Mortgage P&I$1,53248%Property Taxes$36811%Insurance$1073%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$107

Investment Breakdown

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Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,441

Downpayment

20%

$60,420

Closing costs

1%

$3,021

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,202

Total Expenses

$3,095

Mortgage P&I

48%

$1,532

Property Taxes

11%

$368

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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