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$5,826 (target)

240 NW 8th Ave, Delray Beach, FL 33444

3 beds • 2 baths • 1288 sqft

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This property could be a profitable Mid-Term investment with a projected 24.32% first-year return on $85,494 initial cash invested.

24.32%

Cash On Cash

13.43%

Cap Rate

2.2

DSCR

$5,826

Rent

$1,733

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,826 income − $4,093 expenses = $1,733 cash flow

Income$5,826Mortgage P&I$1,63228%Property Taxes$4788%Insurance$2Management$69912%CapEx$2334%Vacancy$1753%Maintenance$2334%Other$64111%Cash Flow$1,733

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,494

Downpayment

20%

$64,280

Closing costs

1%

$3,214

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$5,826

Total Expenses

$4,093

Mortgage P&I

28%

$1,632

Property Taxes

8%

$478

Home Insurance

0%

$2

HOA

0%

$0

Property Management

12%

$699

CapEx

4%

$233

Vacancy

3%

$175

Maintenance

4%

$233

Other

11%

$641

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