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31 E DIAMOND Drive, Palm Coast, FL 32164

3 beds • 2 baths • 2101 sqft

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This property looks like a bad Long-Term investment with a projected -15.76% first-year return on $88,494 initial cash invested.

-15.76%

Cash On Cash

2.91%

Cap Rate

0.49

DSCR

$2,120

Rent

-$1,162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$421k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,494

Downpayment

20%

$84,280

Closing costs

1%

$4,214

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,120

Total Expenses

$3,282

Mortgage P&I

98%

$2,078

Property Taxes

24%

$503

Home Insurance

7%

$150

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

8 Eastland Ln, Palm Coast, FL 32164

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2

2139

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2

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1 mi

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3

2

1993

0.5 mi

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

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5

4

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

3030

0.6 mi

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$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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