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$9,856 (target)

285 NE 103rd St, Miami Shores, FL 33138

3 beds • 3 baths • 3224 sqft

$2,365,800

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This property looks like a bad Mid-Term investment with a projected -18.14% first-year return on $515k initial cash invested.

-18.14%

Cash On Cash

2.25%

Cap Rate

0.37

DSCR

$9,856

Rent

-$7,782

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,856 income − $17,638 expenses = $7,782 out of pocket

Income$9,856Out of Pocket$7,782Mortgage P&I$11,816120%Property Taxes$1,59616%Insurance$8759%Management$1,18312%CapEx$3944%Vacancy$2963%Maintenance$3944%Other$1,08411%

Investment Breakdown

|

Purchase Price

$2366k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$515k

Downpayment

20%

$473k

Closing costs

1%

$23,658

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,856

Total Expenses

$17,638

Mortgage P&I

120%

$11,816

Property Taxes

16%

$1,596

Home Insurance

9%

$875

HOA

0%

$0

Property Management

12%

$1,183

CapEx

4%

$394

Vacancy

3%

$296

Maintenance

4%

$394

Other

11%

$1,084

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