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1517 NE 53rd Court, Pompano Beach, FL 33064

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -7.25% first-year return on $119k initial cash invested.

-7.25%

Cash On Cash

4.86%

Cap Rate

0.79

DSCR

$5,298

Rent

-$720

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$482k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,320

Closing costs

1%

$4,816

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,298

Total Expenses

$6,018

Mortgage P&I

46%

$2,459

Property Taxes

15%

$818

Home Insurance

4%

$198

HOA

0%

$0

Property Management

15%

$795

CapEx

4%

$212

Vacancy

0%

$0

Maintenance

4%

$212

Other

25%

$1,324

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