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$5,625 (target)

3120 Cape Circle, Margate, FL 33063

3 beds • 3 baths • 1836 sqft

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This property might be a fair Mid-Term investment with a projected 1.11% first-year return on $135k initial cash invested.

1.11%

Cash On Cash

6.71%

Cap Rate

1.13

DSCR

$5,625

Rent

$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,625 income − $5,501 expenses = $124 cash flow

Income$5,625Mortgage P&I$2,75349%Property Taxes$61211%Insurance$2104%HOA$13Management$67512%CapEx$2254%Vacancy$1693%Maintenance$2254%Other$61911%Cash Flow$124

Investment Breakdown

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Purchase Price

$555k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$111k

Closing costs

1%

$5,549

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,625

Total Expenses

$5,501

Mortgage P&I

49%

$2,753

Property Taxes

11%

$612

Home Insurance

4%

$210

HOA

0%

$13

Property Management

12%

$675

CapEx

4%

$225

Vacancy

3%

$169

Maintenance

4%

$225

Other

11%

$619

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