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1008 Palm Blvd, Niceville, FL 32578

3 beds • 2 baths • 1506 sqft

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This property looks like a bad Airbnb investment with a projected -5.19% first-year return on $85,788 initial cash invested.

-5.19%

Cash On Cash

4.83%

Cap Rate

0.83

DSCR

$2,779

Rent

-$371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,779 income − $3,150 expenses = $371 out of pocket

Income$2,779Out of Pocket$371Mortgage P&I$1,55856%Property Taxes$1445%Insurance$1144%Management$41715%CapEx$1114%Maintenance$1114%Other$69525%

Investment Breakdown

|

Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,788

Downpayment

20%

$64,560

Closing costs

1%

$3,228

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,779

Total Expenses

$3,150

Mortgage P&I

56%

$1,558

Property Taxes

5%

$144

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$417

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$695

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