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1406 Avondale Way, Tallahassee, FL 32317

3 beds • 2 baths • 1753 sqft

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This property looks like a bad Airbnb investment with a projected -20.59% first-year return on $95,154 initial cash invested.

-20.59%

Cash On Cash

0.95%

Cap Rate

0.16

DSCR

$1,414

Rent

-$1,633

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,414 income − $3,047 expenses = $1,633 out of pocket

Income$1,414Out of Pocket$1,633Mortgage P&I$1,866132%Property Taxes$35625%Insurance$1319%HOA$141%Management$21215%CapEx$574%Maintenance$574%Other$35425%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,154

Downpayment

20%

$73,480

Closing costs

1%

$3,674

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,414

Total Expenses

$3,047

Mortgage P&I

132%

$1,866

Property Taxes

25%

$356

Home Insurance

9%

$131

HOA

1%

$14

Property Management

15%

$212

CapEx

4%

$57

Vacancy

0%

$0

Maintenance

4%

$57

Other

25%

$354

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