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1732 Banaghen Way, Melbourne, FL 32940

3 beds • 3 baths • 2168 sqft

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This property looks like a bad Airbnb investment with a projected -14.68% first-year return on $142k initial cash invested.

-14.68%

Cash On Cash

3.38%

Cap Rate

0.52

DSCR

$4,537

Rent

-$1,741

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,537 income − $6,278 expenses = $1,741 out of pocket

Income$4,537Out of Pocket$1,741Mortgage P&I$3,22671%Property Taxes$51111%Insurance$2145%HOA$1503%Management$68115%CapEx$1814%Maintenance$1814%Other$1,13425%

Investment Breakdown

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Purchase Price

$592k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,919

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,537

Total Expenses

$6,278

Mortgage P&I

71%

$3,226

Property Taxes

11%

$511

Home Insurance

5%

$214

HOA

3%

$150

Property Management

15%

$681

CapEx

4%

$181

Vacancy

0%

$0

Maintenance

4%

$181

Other

25%

$1,134

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