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$2,901 (target)

4023 Concord Blvd, Chipley, FL 32428

3 beds • 2 baths • 1416 sqft

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This property could be a profitable Mid-Term investment with a projected 11.85% first-year return on $65,229 initial cash invested.

11.85%

Cash On Cash

10.34%

Cap Rate

1.65

DSCR

$2,901

Rent

$644

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,901 income − $2,257 expenses = $644 cash flow

Income$2,901Mortgage P&I$1,17741%Property Taxes$151%Insurance$793%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%Cash Flow$644

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,901

Total Expenses

$2,257

Mortgage P&I

41%

$1,177

Property Taxes

1%

$15

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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