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$15,988 (target)

9007 Mockingbird Dr, Sanibel, FL 33957

3 beds • 3 baths • 3664 sqft

$1,439,000

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This property might be a fair Mid-Term investment with a projected 4.8% first-year return on $320k initial cash invested.

4.8%

Cash On Cash

7.69%

Cap Rate

1.26

DSCR

$15,988

Rent

$1,281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$15,988 income − $14,707 expenses = $1,281 cash flow

Income$15,988Mortgage P&I$7,29946%Property Taxes$1,52710%Insurance$4203%HOA$23Management$1,91912%CapEx$6404%Vacancy$4803%Maintenance$6404%Other$1,75911%Cash Flow$1,281

Investment Breakdown

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Purchase Price

$1439k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$320k

Downpayment

20%

$288k

Closing costs

1%

$14,390

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$15,988

Total Expenses

$14,707

Mortgage P&I

46%

$7,299

Property Taxes

10%

$1,527

Home Insurance

3%

$420

HOA

0%

$23

Property Management

12%

$1,919

CapEx

4%

$640

Vacancy

3%

$480

Maintenance

4%

$640

Other

11%

$1,759

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