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2133 NW 116th Terrace, Coral Springs, FL 33071

4 beds • 2 baths • 2284 sqft

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This property looks like a bad Airbnb investment with a projected -16.07% first-year return on $188k initial cash invested.

-16.07%

Cash On Cash

2.28%

Cap Rate

0.39

DSCR

$5,001

Rent

-$2,512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$779k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$188k

Downpayment

20%

$156k

Closing costs

1%

$7,788

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$5,001

Total Expenses

$7,513

Mortgage P&I

76%

$3,792

Property Taxes

21%

$1,041

Home Insurance

6%

$280

HOA

0%

$0

Property Management

15%

$750

CapEx

4%

$200

Vacancy

0%

$0

Maintenance

4%

$200

Other

25%

$1,250

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