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107 Corot Dr, Nokomis, FL 34275

3 beds • 3 baths • 1786 sqft

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This property looks like a bad Airbnb investment with a projected -13.69% first-year return on $109k initial cash invested.

-13.69%

Cash On Cash

2.88%

Cap Rate

0.48

DSCR

$2,647

Rent

-$1,246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,647 income − $3,893 expenses = $1,246 out of pocket

Income$2,647Out of Pocket$1,246Mortgage P&I$2,18182%Property Taxes$27110%Insurance$1576%HOA$13Management$39715%CapEx$1064%Maintenance$1064%Other$66225%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,880

Closing costs

1%

$4,344

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,647

Total Expenses

$3,893

Mortgage P&I

82%

$2,181

Property Taxes

10%

$271

Home Insurance

6%

$157

HOA

0%

$13

Property Management

15%

$397

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$662

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