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2263 Monroe St NE, Palm Bay, FL 32905

3 beds • 2 baths • 1480 sqft

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This property might be a fair Airbnb investment with a projected 8.99% first-year return on $47,379 initial cash invested.

8.99%

Cash On Cash

10.06%

Cap Rate

1.63

DSCR

$2,417

Rent

$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,379

Downpayment

20%

$27,980

Closing costs

1%

$1,399

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,417

Total Expenses

$2,062

Mortgage P&I

30%

$721

Property Taxes

5%

$131

Home Insurance

2%

$49

HOA

0%

$0

Property Management

15%

$363

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$604

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