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103 Morning Glory Cir, Winter Haven, FL 33884

3 beds • 2 baths • 2021 sqft

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This property looks like a bad Airbnb investment with a projected -6.93% first-year return on $83,247 initial cash invested.

-6.93%

Cash On Cash

4.56%

Cap Rate

0.76

DSCR

$2,844

Rent

-$481

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,247

Downpayment

20%

$62,140

Closing costs

1%

$3,107

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,844

Total Expenses

$3,325

Mortgage P&I

54%

$1,547

Property Taxes

5%

$140

Home Insurance

4%

$112

HOA

6%

$160

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$711

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