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$3,789 (target)

8291 Grand Palm DR #2, Estero, FL 33967

3 beds • 2 baths • 1437 sqft

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This property looks like a bad Long-Term investment with a projected -5.08% first-year return on $51,450 initial cash invested.

-5.08%

Cash On Cash

6.49%

Cap Rate

0.98

DSCR

$3,789

Rent

-$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,789 income − $4,007 expenses = $218 out of pocket

Income$3,789Out of Pocket$218Mortgage P&I$1,35436%Property Taxes$1013%Insurance$862%HOA$1,48239%Management$37910%CapEx$1895%Vacancy$2276%Maintenance$1895%

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,789

Total Expenses

$4,007

Mortgage P&I

36%

$1,354

Property Taxes

3%

$101

Home Insurance

2%

$86

HOA

39%

$1,482

Property Management

10%

$379

CapEx

5%

$189

Vacancy

6%

$227

Maintenance

5%

$189

Other

0%

$0

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