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$4,023 (target)

22411 SW 88th Pl #626, Cutler Bay, FL 33190

3 beds • 2 baths • 1515 sqft

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This property looks like a bad Mid-Term investment with a projected -2.46% first-year return on $86,775 initial cash invested.

-2.46%

Cash On Cash

6.12%

Cap Rate

0.99

DSCR

$4,023

Rent

-$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,023 income − $4,201 expenses = $178 out of pocket

Income$4,023Out of Pocket$178Mortgage P&I$1,68642%Property Taxes$65816%Insurance$1163%HOA$3729%Management$48312%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44311%

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,775

Downpayment

20%

$65,500

Closing costs

1%

$3,275

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,023

Total Expenses

$4,201

Mortgage P&I

42%

$1,686

Property Taxes

16%

$658

Home Insurance

3%

$116

HOA

9%

$372

Property Management

12%

$483

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$443

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