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2436 Cat Cay Ln, Fort Lauderdale, FL 33312

3 beds • 2 baths • 1702 sqft

$1,154,000

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This property looks like a bad Airbnb investment with a projected -21.9% first-year return on $260k initial cash invested.

-21.9%

Cash On Cash

1.43%

Cap Rate

0.23

DSCR

$5,655

Rent

-$4,752

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1154k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$231k

Closing costs

1%

$11,540

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,655

Total Expenses

$10,407

Mortgage P&I

104%

$5,904

Property Taxes

24%

$1,369

Home Insurance

7%

$420

HOA

0%

$0

Property Management

15%

$848

CapEx

4%

$226

Vacancy

0%

$0

Maintenance

4%

$226

Other

25%

$1,414

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