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2130 SE 24th Boulevard, Okeechobee, FL 34974

3 beds • 2 baths • 896 sqft

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This property could be a profitable Airbnb investment with a projected 10.27% first-year return on $52,440 initial cash invested.

10.27%

Cash On Cash

10.27%

Cap Rate

1.67

DSCR

$2,878

Rent

$449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,878 income − $2,429 expenses = $449 cash flow

Income$2,878Mortgage P&I$84029%Property Taxes$1505%Insurance$572%Management$43215%CapEx$1154%Maintenance$1154%Other$72025%Cash Flow$449

Investment Breakdown

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Purchase Price

$164k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,440

Downpayment

20%

$32,800

Closing costs

1%

$1,640

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,878

Total Expenses

$2,429

Mortgage P&I

29%

$840

Property Taxes

5%

$150

Home Insurance

2%

$57

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

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