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$6,054 (target)

654 Pine Lake Drive, Delray Beach, FL 33445

3 beds • 4 baths • 3351 sqft

$1,859,500

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This property looks like a bad Long-Term investment with a projected -23.14% first-year return on $390k initial cash invested.

-23.14%

Cash On Cash

1.35%

Cap Rate

0.22

DSCR

$6,054

Rent

-$7,531

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,054 income − $13,585 expenses = $7,531 out of pocket

Income$6,054Out of Pocket$7,531Mortgage P&I$9,322154%Property Taxes$1,65027%Insurance$69812%HOA$3416%Management$60510%CapEx$3035%Vacancy$3636%Maintenance$3035%

Investment Breakdown

|

Purchase Price

$1860k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$390k

Downpayment

20%

$372k

Closing costs

1%

$18,595

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,054

Total Expenses

$13,585

Mortgage P&I

154%

$9,322

Property Taxes

27%

$1,650

Home Insurance

12%

$698

HOA

6%

$341

Property Management

10%

$605

CapEx

5%

$303

Vacancy

6%

$363

Maintenance

5%

$303

Other

0%

$0

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