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1511 Sunset Ln, Tallahassee, FL 32303

3 beds • 2 baths • 1861 sqft

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This property might be a fair Airbnb investment with a projected 1.94% first-year return on $49,479 initial cash invested.

1.94%

Cash On Cash

7.74%

Cap Rate

1.23

DSCR

$2,463

Rent

$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,463 income − $2,383 expenses = $80 cash flow

Income$2,463Mortgage P&I$78832%Property Taxes$36015%Insurance$522%Management$36915%CapEx$994%Maintenance$994%Other$61625%Cash Flow$80

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,463

Total Expenses

$2,383

Mortgage P&I

32%

$788

Property Taxes

15%

$360

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$369

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$616

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