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$2,720 (target)

8268 SHORE LAKE DRIVE, Englewood, FL 34224

3 beds • 3 baths • 1840 sqft

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This property looks like a bad Long-Term investment with a projected -12.98% first-year return on $72,681 initial cash invested.

-12.98%

Cash On Cash

3.97%

Cap Rate

0.64

DSCR

$2,720

Rent

-$786

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,720 income − $3,506 expenses = $786 out of pocket

Income$2,720Out of Pocket$786Mortgage P&I$1,79466%Property Taxes$57621%Insurance$1265%HOA$30311%Management$27210%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,681

Downpayment

20%

$69,220

Closing costs

1%

$3,461

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,720

Total Expenses

$3,506

Mortgage P&I

66%

$1,794

Property Taxes

21%

$576

Home Insurance

5%

$126

HOA

11%

$303

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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