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$3,750 (target)

3120 Cape Circle, Margate, FL 33063

3 beds • 3 baths • 1836 sqft

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This property looks like a bad Long-Term investment with a projected -8.38% first-year return on $117k initial cash invested.

-8.38%

Cash On Cash

4.6%

Cap Rate

0.77

DSCR

$3,750

Rent

-$814

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,750 income − $4,564 expenses = $814 out of pocket

Income$3,750Out of Pocket$814Mortgage P&I$2,75373%Property Taxes$61216%Insurance$2106%HOA$13Management$37510%CapEx$1885%Vacancy$2256%Maintenance$1885%

Investment Breakdown

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Purchase Price

$555k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$111k

Closing costs

1%

$5,549

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,750

Total Expenses

$4,564

Mortgage P&I

73%

$2,753

Property Taxes

16%

$612

Home Insurance

6%

$210

HOA

0%

$13

Property Management

10%

$375

CapEx

5%

$188

Vacancy

6%

$225

Maintenance

5%

$188

Other

0%

$0

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