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2010 Algeria St NE, Palm Bay, FL 32905

3 beds • 2 baths • 1881 sqft

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This property could be a profitable Long-Term investment with a projected 11.93% first-year return on $35,700 initial cash invested.

11.93%

Cash On Cash

9.28%

Cap Rate

1.54

DSCR

$2,090

Rent

$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,090

Total Expenses

$1,735

Mortgage P&I

41%

$856

Property Taxes

13%

$277

Home Insurance

3%

$60

HOA

0%

$0

Property Management

10%

$209

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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