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$4,994 (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 Long-Term investment with a projected -20.2% first-year return on $320k initial cash invested.

-20.2%

Cash On Cash

2.04%

Cap Rate

0.34

DSCR

$4,994

Rent

-$5,390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,994 income − $10,384 expenses = $5,390 out of pocket

Income$4,994Out of Pocket$5,390Mortgage P&I$7,733155%Property Taxes$79616%Insurance$55611%Management$49910%CapEx$2505%Vacancy$3006%Maintenance$2505%

Investment Breakdown

|

Purchase Price

$1525k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$320k

Downpayment

20%

$305k

Closing costs

1%

$15,246

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,994

Total Expenses

$10,384

Mortgage P&I

155%

$7,733

Property Taxes

16%

$796

Home Insurance

11%

$556

HOA

0%

$0

Property Management

10%

$499

CapEx

5%

$250

Vacancy

6%

$300

Maintenance

5%

$250

Other

0%

$0

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