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$7,408 (target)

333 Cocoa Ave, Indialantic, FL 32903

3 beds • 2 baths • 1868 sqft

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This property might be a fair Mid-Term investment with a projected 1.91% first-year return on $172k initial cash invested.

1.91%

Cash On Cash

6.88%

Cap Rate

1.16

DSCR

$7,408

Rent

$274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,408 income − $7,134 expenses = $274 cash flow

Income$7,408Mortgage P&I$3,63949%Property Taxes$70610%Insurance$2714%Management$88912%CapEx$2964%Vacancy$2223%Maintenance$2964%Other$81511%Cash Flow$274

Investment Breakdown

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Purchase Price

$734k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$147k

Closing costs

1%

$7,340

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,408

Total Expenses

$7,134

Mortgage P&I

49%

$3,639

Property Taxes

10%

$706

Home Insurance

4%

$271

HOA

0%

$0

Property Management

12%

$889

CapEx

4%

$296

Vacancy

3%

$222

Maintenance

4%

$296

Other

11%

$815

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