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$4,870 (target)

6773 Alden Ridge Drive, Boynton Beach, FL 33437

3 beds • 2 baths • 1432 sqft

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This property might be a fair Mid-Term investment with a projected 0.03% first-year return on $113k initial cash invested.

0.03%

Cash On Cash

6.54%

Cap Rate

1.09

DSCR

$4,870

Rent

$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,870 income − $4,867 expenses = $3 cash flow

Income$4,870Mortgage P&I$2,26046%Property Taxes$56011%Insurance$1663%HOA$2255%Management$58412%CapEx$1954%Vacancy$1463%Maintenance$1954%Other$53611%Cash Flow$3

Investment Breakdown

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Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,240

Closing costs

1%

$4,512

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,870

Total Expenses

$4,867

Mortgage P&I

46%

$2,260

Property Taxes

12%

$560

Home Insurance

3%

$166

HOA

5%

$225

Property Management

12%

$584

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$536

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