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$9,666 (target)

9663 Sterling Shores Street, Delray Beach, FL 33446

3 beds • 3 baths • 1976 sqft

$1,037,200

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This property looks like a bad Mid-Term investment with a projected -1.19% first-year return on $236k initial cash invested.

-1.19%

Cash On Cash

6.19%

Cap Rate

1.03

DSCR

$9,666

Rent

-$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,666 income − $9,900 expenses = $234 out of pocket

Income$9,666Out of Pocket$234Mortgage P&I$5,19954%Property Taxes$5786%Insurance$3684%HOA$4685%Management$1,16012%CapEx$3874%Vacancy$2903%Maintenance$3874%Other$1,06311%

Investment Breakdown

|

Purchase Price

$1037k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$236k

Downpayment

20%

$207k

Closing costs

1%

$10,372

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$9,666

Total Expenses

$9,900

Mortgage P&I

54%

$5,199

Property Taxes

6%

$578

Home Insurance

4%

$368

HOA

5%

$468

Property Management

12%

$1,160

CapEx

4%

$387

Vacancy

3%

$290

Maintenance

4%

$387

Other

11%

$1,063

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