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$7,692 (target)

8945 SE HARBOR ISLAND Way, Hobe Sound, FL 33455

3 beds • 2 baths • 2329 sqft

$2,069,300

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This property looks like a bad Mid-Term investment with a projected -22.15% first-year return on $453k initial cash invested.

-22.15%

Cash On Cash

1.63%

Cap Rate

0.26

DSCR

$7,692

Rent

-$8,352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,692 income − $16,044 expenses = $8,352 out of pocket

Income$7,692Out of Pocket$8,352Mortgage P&I$10,847141%Property Taxes$1,46919%Insurance$78810%HOA$3244%Management$92312%CapEx$3084%Vacancy$2313%Maintenance$3084%Other$84611%

Investment Breakdown

|

Purchase Price

$2069k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$453k

Downpayment

20%

$414k

Closing costs

1%

$20,693

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,692

Total Expenses

$16,044

Mortgage P&I

141%

$10,847

Property Taxes

19%

$1,469

Home Insurance

10%

$788

HOA

4%

$324

Property Management

12%

$923

CapEx

4%

$308

Vacancy

3%

$231

Maintenance

4%

$308

Other

11%

$846

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