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$6,374 (target)

7755 S Tropical Trl, Merritt Island, FL 32952

3 beds • 3 baths • 2249 sqft

$1,559,100

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This property looks like a bad Mid-Term investment with a projected -17.29% first-year return on $345k initial cash invested.

-17.29%

Cash On Cash

2.32%

Cap Rate

0.39

DSCR

$6,374

Rent

-$4,976

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,374 income − $11,350 expenses = $4,976 out of pocket

Income$6,374Out of Pocket$4,976Mortgage P&I$7,733121%Property Taxes$68011%Insurance$77012%Management$76512%CapEx$2554%Vacancy$1913%Maintenance$2554%Other$70111%

Investment Breakdown

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Purchase Price

$1559k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$345k

Downpayment

20%

$312k

Closing costs

1%

$15,591

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,374

Total Expenses

$11,350

Mortgage P&I

121%

$7,733

Property Taxes

11%

$680

Home Insurance

12%

$770

HOA

0%

$0

Property Management

12%

$765

CapEx

4%

$255

Vacancy

3%

$191

Maintenance

4%

$255

Other

11%

$701

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