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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 -10.45% first-year return on $93,390 initial cash invested.

-10.45%

Cash On Cash

3.85%

Cap Rate

0.63

DSCR

$3,044

Rent

-$813

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,044 income − $3,857 expenses = $813 out of pocket

Income$3,044Out of Pocket$813Mortgage P&I$1,84361%Property Taxes$41814%Insurance$1304%HOA$4Management$45715%CapEx$1224%Maintenance$1224%Other$76125%

Investment Breakdown

|

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

$3,044

Total Expenses

$3,857

Mortgage P&I

61%

$1,843

Property Taxes

14%

$418

Home Insurance

4%

$130

HOA

0%

$4

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$761

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