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10115 Biscayne Blvd, Miami Shores, FL 33138

3 beds • 3 baths • 3312 sqft

$3,750,000

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This property looks like a bad Airbnb investment with a projected -28.72% first-year return on $806k initial cash invested.

-28.72%

Cash On Cash

-0.03%

Cap Rate

0

DSCR

$4,913

Rent

-$19,276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,913 income − $24,189 expenses = $19,276 out of pocket

Income$4,913Out of Pocket$19,276Mortgage P&I$18,988386%Property Taxes$1,53031%Insurance$1,31227%Management$73715%CapEx$1974%Maintenance$1974%Other$1,22825%

Investment Breakdown

|

Purchase Price

$3750k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$806k

Downpayment

20%

$750k

Closing costs

1%

$37,500

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$4,913

Total Expenses

$24,189

Mortgage P&I

386%

$18,988

Property Taxes

31%

$1,530

Home Insurance

27%

$1,312

HOA

0%

$0

Property Management

15%

$737

CapEx

4%

$197

Vacancy

0%

$0

Maintenance

4%

$197

Other

25%

$1,228

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