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2795 N BEACH ROAD #B, Englewood, FL 34223

3 beds • 6 baths • 3380 sqft

$2,218,600

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This property looks like a bad Airbnb investment with a projected -22% first-year return on $484k initial cash invested.

-22%

Cash On Cash

1.43%

Cap Rate

0.24

DSCR

$7,188

Rent

-$8,870

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,188 income − $16,058 expenses = $8,870 out of pocket

Income$7,188Out of Pocket$8,870Mortgage P&I$11,234156%Property Taxes$4817%Insurance$89212%Management$1,07815%CapEx$2884%Maintenance$2884%Other$1,79725%

Investment Breakdown

|

Purchase Price

$2219k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$484k

Downpayment

20%

$444k

Closing costs

1%

$22,186

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,188

Total Expenses

$16,058

Mortgage P&I

156%

$11,234

Property Taxes

7%

$481

Home Insurance

12%

$892

HOA

0%

$0

Property Management

15%

$1,078

CapEx

4%

$288

Vacancy

0%

$0

Maintenance

4%

$288

Other

25%

$1,797

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