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664 Regatta Way, Bradenton, FL 34208

3 beds • 4 baths • 4118 sqft

$3,700,000

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This property looks like a bad Long-Term investment with a projected -32.43% first-year return on $777k initial cash invested.

-32.43%

Cash On Cash

-0.51%

Cap Rate

-0.08

DSCR

$4,430

Rent

-$20,997

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$3700k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$777k

Downpayment

20%

$740k

Closing costs

1%

$37,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,430

Total Expenses

$25,427

Mortgage P&I

433%

$19,199

Property Taxes

77%

$3,433

Home Insurance

29%

$1,295

HOA

8%

$347

Property Management

10%

$443

CapEx

5%

$222

Vacancy

6%

$266

Maintenance

5%

$222

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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3

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0.2 mi

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3

2.5

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0.3 mi

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$5,800

3

3

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1.4 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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