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$2,847 (target)

24376 Westgate Blvd, Punta Gorda, FL 33980

3 beds • 2 baths • 1669 sqft

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This property looks like a bad Mid-Term investment with a projected -8.43% first-year return on $89,967 initial cash invested.

-8.43%

Cash On Cash

4.15%

Cap Rate

0.7

DSCR

$2,847

Rent

-$632

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,847 income − $3,479 expenses = $632 out of pocket

Income$2,847Out of Pocket$632Mortgage P&I$1,70460%Property Taxes$2278%Insurance$1264%HOA$45416%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,967

Downpayment

20%

$68,540

Closing costs

1%

$3,427

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,847

Total Expenses

$3,479

Mortgage P&I

60%

$1,704

Property Taxes

8%

$227

Home Insurance

4%

$126

HOA

16%

$454

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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