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1124 Club Drive, Fort Pierce, FL 34982

3 beds • 2 baths • 2145 sqft

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This property looks like a bad Airbnb investment with a projected -8.65% first-year return on $109k initial cash invested.

-8.65%

Cash On Cash

4.13%

Cap Rate

0.69

DSCR

$2,956

Rent

-$788

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,956 income − $3,744 expenses = $788 out of pocket

Income$2,956Out of Pocket$788Mortgage P&I$2,16873%Property Taxes$6Insurance$1525%Management$44315%CapEx$1184%Maintenance$1184%Other$73925%

Investment Breakdown

|

Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,956

Total Expenses

$3,744

Mortgage P&I

73%

$2,168

Property Taxes

0%

$6

Home Insurance

5%

$152

HOA

0%

$0

Property Management

15%

$443

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$739

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