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$7,164 (target)

3290 Shady Bend Way, Fort Myers, FL 33905

3 beds • 2 baths • 2105 sqft

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This property could be a profitable Mid-Term investment with a projected 11.19% first-year return on $120k initial cash invested.

11.19%

Cash On Cash

9.55%

Cap Rate

1.57

DSCR

$7,164

Rent

$1,118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,164 income − $6,046 expenses = $1,118 cash flow

Income$7,164Mortgage P&I$2,45534%Property Taxes$4506%Insurance$1752%HOA$5297%Management$86012%CapEx$2874%Vacancy$2153%Maintenance$2874%Other$78811%Cash Flow$1,118

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,040

Closing costs

1%

$4,852

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$7,164

Total Expenses

$6,046

Mortgage P&I

34%

$2,455

Property Taxes

6%

$450

Home Insurance

2%

$175

HOA

7%

$529

Property Management

12%

$860

CapEx

4%

$287

Vacancy

3%

$215

Maintenance

4%

$287

Other

11%

$788

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