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$4,648 (target)

3021 NW 184th St, Miami Gardens, FL 33056

3 beds • 2 baths • 1170 sqft

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This property might be a fair Mid-Term investment with a projected 4.42% first-year return on $119k initial cash invested.

4.42%

Cash On Cash

7.48%

Cap Rate

1.26

DSCR

$4,648

Rent

$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,648 income − $4,211 expenses = $437 cash flow

Income$4,648Mortgage P&I$2,36351%Property Taxes$1002%Insurance$1684%Management$55812%CapEx$1864%Vacancy$1393%Maintenance$1864%Other$51111%Cash Flow$437

Investment Breakdown

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Purchase Price

$479k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,800

Closing costs

1%

$4,790

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,648

Total Expenses

$4,211

Mortgage P&I

51%

$2,363

Property Taxes

2%

$100

Home Insurance

4%

$168

HOA

0%

$0

Property Management

12%

$558

CapEx

4%

$186

Vacancy

3%

$139

Maintenance

4%

$186

Other

11%

$511

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