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2849 SW 8th Street, Fort Lauderdale, FL 33312

3 beds • 2 baths • 1280 sqft

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This property looks like a bad Airbnb investment with a projected -4.1% first-year return on $106k initial cash invested.

-4.1%

Cash On Cash

5.42%

Cap Rate

0.92

DSCR

$4,769

Rent

-$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,060

Closing costs

1%

$4,203

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,769

Total Expenses

$5,132

Mortgage P&I

43%

$2,071

Property Taxes

13%

$622

Home Insurance

3%

$150

HOA

0%

$0

Property Management

15%

$715

CapEx

4%

$191

Vacancy

0%

$0

Maintenance

4%

$191

Other

25%

$1,192

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