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1740 NE 36th Ave, Homestead, FL 33033

3 beds • 2 baths • 1577 sqft

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This property looks like a bad Airbnb investment with a projected -19.91% first-year return on $115k initial cash invested.

-19.91%

Cash On Cash

1.02%

Cap Rate

0.18

DSCR

$2,024

Rent

-$1,903

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,024 income − $3,927 expenses = $1,903 out of pocket

Income$2,024Out of Pocket$1,903Mortgage P&I$2,213109%Property Taxes$36518%Insurance$1638%HOA$21411%Management$30415%CapEx$814%Maintenance$814%Other$50625%

Investment Breakdown

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Purchase Price

$461k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,100

Closing costs

1%

$4,605

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,024

Total Expenses

$3,927

Mortgage P&I

109%

$2,213

Property Taxes

18%

$365

Home Insurance

8%

$163

HOA

11%

$214

Property Management

15%

$304

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$506

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