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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 -16.51% first-year return on $93,390 initial cash invested.

-16.51%

Cash On Cash

2.15%

Cap Rate

0.35

DSCR

$2,133

Rent

-$1,285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,133 income − $3,418 expenses = $1,285 out of pocket

Income$2,133Out of Pocket$1,285Mortgage P&I$1,84386%Property Taxes$41820%Insurance$1306%HOA$4Management$32015%CapEx$854%Maintenance$854%Other$53325%

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

$2,133

Total Expenses

$3,418

Mortgage P&I

86%

$1,843

Property Taxes

20%

$418

Home Insurance

6%

$130

HOA

0%

$4

Property Management

15%

$320

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$533

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