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1578 Thumb Point Drive, Fort Pierce, FL 34949

5 beds • 6 baths • 3547 sqft

$1,680,300

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This property looks like a bad Airbnb investment with a projected -23.18% first-year return on $383k initial cash invested.

-23.18%

Cash On Cash

0.92%

Cap Rate

0.15

DSCR

$6,130

Rent

-$7,397

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,130 income − $13,527 expenses = $7,397 out of pocket

Income$6,130Out of Pocket$7,397Mortgage P&I$8,437138%Property Taxes$1,50024%Insurance$64811%Management$92015%CapEx$2454%Maintenance$2454%Other$1,53225%

Investment Breakdown

|

Purchase Price

$1680k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$383k

Downpayment

20%

$336k

Closing costs

1%

$16,803

Rehab

0%

$0

Furnishing

2%

$30,000

Cashflow

Total Income

$6,130

Total Expenses

$13,527

Mortgage P&I

138%

$8,437

Property Taxes

24%

$1,500

Home Insurance

11%

$648

HOA

0%

$0

Property Management

15%

$920

CapEx

4%

$245

Vacancy

0%

$0

Maintenance

4%

$245

Other

25%

$1,532

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