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$4,080 (target)

8268 SHORE LAKE DRIVE, Englewood, FL 34224

3 beds • 3 baths • 1840 sqft

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This property looks like a bad Mid-Term investment with a projected -1.4% first-year return on $90,681 initial cash invested.

-1.4%

Cash On Cash

6.42%

Cap Rate

1.03

DSCR

$4,080

Rent

-$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,080 income − $4,186 expenses = $106 out of pocket

Income$4,080Out of Pocket$106Mortgage P&I$1,79444%Property Taxes$57614%Insurance$1263%HOA$3037%Management$49012%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44911%

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,681

Downpayment

20%

$69,220

Closing costs

1%

$3,461

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,080

Total Expenses

$4,186

Mortgage P&I

44%

$1,794

Property Taxes

14%

$576

Home Insurance

3%

$126

HOA

7%

$303

Property Management

12%

$490

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$449

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