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2107 8th Ave E, Bradenton, FL 34208

3 beds • 2 baths • 1089 sqft

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This property looks like a bad Long-Term investment with a projected -1.05% first-year return on $63,000 initial cash invested.

-1.05%

Cash On Cash

6.12%

Cap Rate

1.04

DSCR

$2,140

Rent

-$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,140

Total Expenses

$2,195

Mortgage P&I

69%

$1,479

Property Taxes

3%

$55

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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