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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 -21.4% first-year return on $95,154 initial cash invested.

-21.4%

Cash On Cash

0.72%

Cap Rate

0.12

DSCR

$1,290

Rent

-$1,697

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,290 income − $2,987 expenses = $1,697 out of pocket

Income$1,290Out of Pocket$1,697Mortgage P&I$1,866145%Property Taxes$35628%Insurance$13110%HOA$141%Management$19415%CapEx$524%Maintenance$524%Other$32225%

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

$1,290

Total Expenses

$2,987

Mortgage P&I

145%

$1,866

Property Taxes

28%

$356

Home Insurance

10%

$131

HOA

1%

$14

Property Management

15%

$194

CapEx

4%

$52

Vacancy

0%

$0

Maintenance

4%

$52

Other

25%

$322

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