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2881 NW 98th Way, Pompano Beach, FL 33065

4 beds • 2 baths • 1855 sqft

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This property looks like a bad Airbnb investment with a projected -11.23% first-year return on $166k initial cash invested.

-11.23%

Cash On Cash

3.65%

Cap Rate

0.61

DSCR

$5,884

Rent

-$1,551

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$135k

Closing costs

1%

$6,750

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$5,884

Total Expenses

$7,435

Mortgage P&I

57%

$3,369

Property Taxes

17%

$1,006

Home Insurance

4%

$236

HOA

0%

$0

Property Management

15%

$883

CapEx

4%

$235

Vacancy

0%

$0

Maintenance

4%

$235

Other

25%

$1,471

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