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$6,798 (target)

245 NE 48th St, Miami, FL 33137

3 beds • 2 baths • 1466 sqft

$1,125,000

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This property looks like a bad Mid-Term investment with a projected -10.19% first-year return on $254k initial cash invested.

-10.19%

Cash On Cash

3.94%

Cap Rate

0.66

DSCR

$6,798

Rent

-$2,159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,798 income − $8,957 expenses = $2,159 out of pocket

Income$6,798Out of Pocket$2,159Mortgage P&I$5,58082%Property Taxes$67110%Insurance$3946%Management$81612%CapEx$2724%Vacancy$2043%Maintenance$2724%Other$74811%

Investment Breakdown

|

Purchase Price

$1125k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$254k

Downpayment

20%

$225k

Closing costs

1%

$11,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,798

Total Expenses

$8,957

Mortgage P&I

82%

$5,580

Property Taxes

10%

$671

Home Insurance

6%

$394

HOA

0%

$0

Property Management

12%

$816

CapEx

4%

$272

Vacancy

3%

$204

Maintenance

4%

$272

Other

11%

$748

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