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$5,110 (target)

6218 NW 17th Street, Margate, FL 33063

3 beds • 2 baths • 1424 sqft

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This property looks like a bad Mid-Term investment with a projected -1.79% first-year return on $130k initial cash invested.

-1.79%

Cash On Cash

6.04%

Cap Rate

1

DSCR

$5,110

Rent

-$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,110 income − $5,304 expenses = $194 out of pocket

Income$5,110Out of Pocket$194Mortgage P&I$2,68252%Property Taxes$69414%Insurance$1924%Management$61312%CapEx$2044%Vacancy$1533%Maintenance$2044%Other$56211%

Investment Breakdown

|

Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,345

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,110

Total Expenses

$5,304

Mortgage P&I

52%

$2,682

Property Taxes

14%

$694

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$613

CapEx

4%

$204

Vacancy

3%

$153

Maintenance

4%

$204

Other

11%

$562

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