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$4,599 (target)

8950 Bracken WAY, Fort Myers, FL 33908

3 beds • 2 baths • 2194 sqft

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This property might be a fair Mid-Term investment with a projected 1.71% first-year return on $107k initial cash invested.

1.71%

Cash On Cash

7.08%

Cap Rate

1.16

DSCR

$4,599

Rent

$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,599 income − $4,447 expenses = $152 cash flow

Income$4,599Mortgage P&I$2,16147%Property Taxes$4349%Insurance$1563%HOA$1323%Management$55212%CapEx$1844%Vacancy$1383%Maintenance$1844%Other$50611%Cash Flow$152

Investment Breakdown

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Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,660

Closing costs

1%

$4,233

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,599

Total Expenses

$4,447

Mortgage P&I

47%

$2,161

Property Taxes

9%

$434

Home Insurance

3%

$156

HOA

3%

$132

Property Management

12%

$552

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$506

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