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$2,894 (target)

5970 Southwind Dr, Mulberry, FL 33860

3 beds • 2 baths • 1484 sqft

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This property might be a fair Mid-Term investment with a projected 3.43% first-year return on $78,354 initial cash invested.

3.43%

Cash On Cash

7.54%

Cap Rate

1.23

DSCR

$2,894

Rent

$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,894 income − $2,670 expenses = $224 cash flow

Income$2,894Mortgage P&I$1,46551%Property Taxes$1194%Insurance$1024%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$224

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,354

Downpayment

20%

$57,480

Closing costs

1%

$2,874

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,894

Total Expenses

$2,670

Mortgage P&I

51%

$1,465

Property Taxes

4%

$119

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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