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$6,009 (target)

2613 59th St S, Gulfport, FL 33707

3 beds • 2 baths • 2270 sqft

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This property looks like a bad Mid-Term investment with a projected -8.93% first-year return on $210k initial cash invested.

-8.93%

Cash On Cash

4.22%

Cap Rate

0.71

DSCR

$6,009

Rent

-$1,565

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,009 income − $7,574 expenses = $1,565 out of pocket

Income$6,009Out of Pocket$1,565Mortgage P&I$4,54476%Property Taxes$68211%Insurance$3065%Management$72112%CapEx$2404%Vacancy$1803%Maintenance$2404%Other$66111%

Investment Breakdown

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Purchase Price

$916k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$210k

Downpayment

20%

$183k

Closing costs

1%

$9,159

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,009

Total Expenses

$7,574

Mortgage P&I

76%

$4,544

Property Taxes

11%

$682

Home Insurance

5%

$306

HOA

0%

$0

Property Management

12%

$721

CapEx

4%

$240

Vacancy

3%

$180

Maintenance

4%

$240

Other

11%

$661

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