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2117 NE 61st Court, Fort Lauderdale, FL 33308

2 beds • 2 baths • 1155 sqft

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This property looks like a bad Airbnb investment with a projected -17.31% first-year return on $159k initial cash invested.

-17.31%

Cash On Cash

2.39%

Cap Rate

0.4

DSCR

$3,960

Rent

-$2,297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$701k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$140k

Closing costs

1%

$7,010

Rehab

0%

$0

Furnishing

2%

$12,000

Cashflow

Total Income

$3,960

Total Expenses

$6,257

Mortgage P&I

89%

$3,536

Property Taxes

15%

$593

Home Insurance

6%

$228

HOA

0%

$0

Property Management

15%

$594

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$990

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