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$10,659 (target)

9007 Mockingbird Dr, Sanibel, FL 33957

3 beds • 3 baths • 3664 sqft

$1,439,000

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This property looks like a bad Long-Term investment with a projected -5.49% first-year return on $302k initial cash invested.

-5.49%

Cash On Cash

5.38%

Cap Rate

0.88

DSCR

$10,659

Rent

-$1,382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,659 income − $12,041 expenses = $1,382 out of pocket

Income$10,659Out of Pocket$1,382Mortgage P&I$7,29968%Property Taxes$1,52714%Insurance$4204%HOA$23Management$1,06610%CapEx$5335%Vacancy$6406%Maintenance$5335%

Investment Breakdown

|

Purchase Price

$1439k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$288k

Closing costs

1%

$14,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$10,659

Total Expenses

$12,041

Mortgage P&I

68%

$7,299

Property Taxes

14%

$1,527

Home Insurance

4%

$420

HOA

0%

$23

Property Management

10%

$1,066

CapEx

5%

$533

Vacancy

6%

$640

Maintenance

5%

$533

Other

0%

$0

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