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1540 Bay Shore Dr, Cocoa Beach, FL 32931

3 beds • 2 baths • 1876 sqft

$1,251,800

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This property looks like a bad Airbnb investment with a projected -19.85% first-year return on $281k initial cash invested.

-19.85%

Cash On Cash

1.76%

Cap Rate

0.29

DSCR

$4,863

Rent

-$4,647

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,863 income − $9,510 expenses = $4,647 out of pocket

Income$4,863Out of Pocket$4,647Mortgage P&I$6,286129%Property Taxes$4179%Insurance$47210%Management$72915%CapEx$1954%Maintenance$1954%Other$1,21625%

Investment Breakdown

|

Purchase Price

$1252k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$281k

Downpayment

20%

$250k

Closing costs

1%

$12,518

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,863

Total Expenses

$9,510

Mortgage P&I

129%

$6,286

Property Taxes

9%

$417

Home Insurance

10%

$472

HOA

0%

$0

Property Management

15%

$729

CapEx

4%

$195

Vacancy

0%

$0

Maintenance

4%

$195

Other

25%

$1,216

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