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$7,118 (target)

9052 Greenstone Ridge Way, Boynton Beach, FL 33473

3 beds • 3 baths • 2210 sqft

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This property looks like a bad Mid-Term investment with a projected -2.44% first-year return on $165k initial cash invested.

-2.44%

Cash On Cash

5.87%

Cap Rate

0.99

DSCR

$7,118

Rent

-$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,118 income − $7,454 expenses = $336 out of pocket

Income$7,118Out of Pocket$336Mortgage P&I$3,48149%Property Taxes$5448%Insurance$2554%HOA$75311%Management$85412%CapEx$2854%Vacancy$2143%Maintenance$2854%Other$78311%

Investment Breakdown

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Purchase Price

$701k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$7,008

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,118

Total Expenses

$7,454

Mortgage P&I

49%

$3,481

Property Taxes

8%

$544

Home Insurance

4%

$255

HOA

11%

$753

Property Management

12%

$854

CapEx

4%

$285

Vacancy

3%

$214

Maintenance

4%

$285

Other

11%

$783

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