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$3,982 (target)

655 SW 5th St, Homestead, FL 33030

3 beds • 2 baths • 1120 sqft

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This property might be a fair Mid-Term investment with a projected 4.76% first-year return on $96,078 initial cash invested.

4.76%

Cash On Cash

7.82%

Cap Rate

1.29

DSCR

$3,982

Rent

$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,982 income − $3,601 expenses = $381 cash flow

Income$3,982Mortgage P&I$1,88447%Property Taxes$2336%Insurance$1313%Management$47812%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43811%Cash Flow$381

Investment Breakdown

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Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,078

Downpayment

20%

$74,360

Closing costs

1%

$3,718

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,982

Total Expenses

$3,601

Mortgage P&I

47%

$1,884

Property Taxes

6%

$233

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$478

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$438

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