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$9,519 (target)

601 NE 105 Street, Miami Shores, FL 33138

3 beds • 2 baths • 2561 sqft

$1,350,000

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This property looks like a bad Mid-Term investment with a projected -5.45% first-year return on $302k initial cash invested.

-5.45%

Cash On Cash

5.2%

Cap Rate

0.86

DSCR

$9,519

Rent

-$1,370

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,519 income − $10,889 expenses = $1,370 out of pocket

Income$9,519Out of Pocket$1,370Mortgage P&I$6,83672%Property Taxes$3444%Insurance$4725%Management$1,14212%CapEx$3814%Vacancy$2863%Maintenance$3814%Other$1,04711%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,519

Total Expenses

$10,889

Mortgage P&I

72%

$6,836

Property Taxes

4%

$344

Home Insurance

5%

$472

HOA

0%

$0

Property Management

12%

$1,142

CapEx

4%

$381

Vacancy

3%

$286

Maintenance

4%

$381

Other

11%

$1,047

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