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2010 Algeria St NE, Palm Bay, FL 32905

3 beds • 2 baths • 1881 sqft

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This property could be a profitable Airbnb investment with a projected 12.54% first-year return on $53,700 initial cash invested.

12.54%

Cash On Cash

10.96%

Cap Rate

1.81

DSCR

$3,374

Rent

$561

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,374

Total Expenses

$2,813

Mortgage P&I

25%

$856

Property Taxes

8%

$277

Home Insurance

2%

$60

HOA

0%

$0

Property Management

15%

$506

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$844

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