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$2,135 (target)

1632 CAINS AVENUE NW, Palm Bay, FL 32907

3 beds • 2 baths • 1734 sqft

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This property looks like a bad Long-Term investment with a projected -8.1% first-year return on $63,441 initial cash invested.

-8.1%

Cash On Cash

4.81%

Cap Rate

0.79

DSCR

$2,135

Rent

-$428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,135 income − $2,563 expenses = $428 out of pocket

Income$2,135Out of Pocket$428Mortgage P&I$1,53272%Property Taxes$36817%Insurance$1075%Management$21410%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,441

Downpayment

20%

$60,420

Closing costs

1%

$3,021

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,135

Total Expenses

$2,563

Mortgage P&I

72%

$1,532

Property Taxes

17%

$368

Home Insurance

5%

$107

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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