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$6,633 (target)

6062 Dinkins Lake Rd, Sanibel, FL 33957

3 beds • 2 baths • 2165 sqft

$1,089,000

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This property looks like a bad Mid-Term investment with a projected -9.72% first-year return on $247k initial cash invested.

-9.72%

Cash On Cash

4.15%

Cap Rate

0.68

DSCR

$6,633

Rent

-$1,999

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,633 income − $8,632 expenses = $1,999 out of pocket

Income$6,633Out of Pocket$1,999Mortgage P&I$5,49783%Property Taxes$4998%Insurance$3816%Management$79612%CapEx$2654%Vacancy$1993%Maintenance$2654%Other$73011%

Investment Breakdown

|

Purchase Price

$1089k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$247k

Downpayment

20%

$218k

Closing costs

1%

$10,890

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,633

Total Expenses

$8,632

Mortgage P&I

83%

$5,497

Property Taxes

8%

$499

Home Insurance

6%

$381

HOA

0%

$0

Property Management

12%

$796

CapEx

4%

$265

Vacancy

3%

$199

Maintenance

4%

$265

Other

11%

$730

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