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$7,491 (target)

8056 Fountains Ln, Miramar Beach, FL 32550

3 beds • 4 baths • 3005 sqft

$1,524,600

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This property looks like a bad Mid-Term investment with a projected -14.7% first-year return on $338k initial cash invested.

-14.7%

Cash On Cash

3.06%

Cap Rate

0.5

DSCR

$7,491

Rent

-$4,142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,491 income − $11,633 expenses = $4,142 out of pocket

Income$7,491Out of Pocket$4,142Mortgage P&I$7,733103%Property Taxes$79611%Insurance$5567%Management$89912%CapEx$3004%Vacancy$2253%Maintenance$3004%Other$82411%

Investment Breakdown

|

Purchase Price

$1525k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$338k

Downpayment

20%

$305k

Closing costs

1%

$15,246

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,491

Total Expenses

$11,633

Mortgage P&I

103%

$7,733

Property Taxes

11%

$796

Home Insurance

7%

$556

HOA

0%

$0

Property Management

12%

$899

CapEx

4%

$300

Vacancy

3%

$225

Maintenance

4%

$300

Other

11%

$824

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