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$6,867 (target)

9076 Mockingbird Dr, Sanibel, FL 33957

3 beds • 2 baths • 1809 sqft

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This property looks like a bad Mid-Term investment with a projected -7.19% first-year return on $197k initial cash invested.

-7.19%

Cash On Cash

4.84%

Cap Rate

0.79

DSCR

$6,867

Rent

-$1,182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,867 income − $8,049 expenses = $1,182 out of pocket

Income$6,867Out of Pocket$1,182Mortgage P&I$4,35663%Property Taxes$95214%Insurance$3836%HOA$23Management$82412%CapEx$2754%Vacancy$2063%Maintenance$2754%Other$75511%

Investment Breakdown

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Purchase Price

$854k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$171k

Closing costs

1%

$8,543

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,867

Total Expenses

$8,049

Mortgage P&I

63%

$4,356

Property Taxes

14%

$952

Home Insurance

6%

$383

HOA

0%

$23

Property Management

12%

$824

CapEx

4%

$275

Vacancy

3%

$206

Maintenance

4%

$275

Other

11%

$755

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