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1019 Mandarin Dr NE, Palm Bay, FL 32905

3 beds • 2 baths • 1826 sqft

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This property looks like a bad Airbnb investment with a projected -11.11% first-year return on $93,390 initial cash invested.

-11.11%

Cash On Cash

3.66%

Cap Rate

0.59

DSCR

$2,944

Rent

-$865

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,944 income − $3,809 expenses = $865 out of pocket

Income$2,944Out of Pocket$865Mortgage P&I$1,84363%Property Taxes$41814%Insurance$1304%HOA$4Management$44215%CapEx$1184%Maintenance$1184%Other$73625%

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,390

Downpayment

20%

$71,800

Closing costs

1%

$3,590

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,944

Total Expenses

$3,809

Mortgage P&I

63%

$1,843

Property Taxes

14%

$418

Home Insurance

4%

$130

HOA

0%

$4

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

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