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$5,684 (target)

8291 Grand Palm DR #2, Estero, FL 33967

3 beds • 2 baths • 1437 sqft

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This property could be a profitable Mid-Term investment with a projected 12.6% first-year return on $69,450 initial cash invested.

12.6%

Cash On Cash

11.31%

Cap Rate

1.71

DSCR

$5,684

Rent

$729

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,684 income − $4,955 expenses = $729 cash flow

Income$5,684Mortgage P&I$1,35424%Property Taxes$1012%Insurance$862%HOA$1,48226%Management$68212%CapEx$2274%Vacancy$1713%Maintenance$2274%Other$62511%Cash Flow$729

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$5,684

Total Expenses

$4,955

Mortgage P&I

24%

$1,354

Property Taxes

2%

$101

Home Insurance

2%

$86

HOA

26%

$1,482

Property Management

12%

$682

CapEx

4%

$227

Vacancy

3%

$171

Maintenance

4%

$227

Other

11%

$625

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