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$4,442 (target)

6412 2nd Ave W, Bradenton, FL 34209

3 beds • 2 baths • 1408 sqft

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This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $104k initial cash invested.

3.86%

Cash On Cash

7.64%

Cap Rate

1.25

DSCR

$4,442

Rent

$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,442 income − $4,108 expenses = $334 cash flow

Income$4,442Mortgage P&I$2,08947%Property Taxes$3588%Insurance$1503%Management$53312%CapEx$1784%Vacancy$1333%Maintenance$1784%Other$48911%Cash Flow$334

Investment Breakdown

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Purchase Price

$408k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,680

Closing costs

1%

$4,084

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,442

Total Expenses

$4,108

Mortgage P&I

47%

$2,089

Property Taxes

8%

$358

Home Insurance

3%

$150

HOA

0%

$0

Property Management

12%

$533

CapEx

4%

$178

Vacancy

3%

$133

Maintenance

4%

$178

Other

11%

$489

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