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2920 Old Orchard Rd, Davie, FL 33328

3 beds • 2 baths • 1857 sqft

$1,200,000

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This property looks like a bad Airbnb investment with a projected -22.58% first-year return on $270k initial cash invested.

-22.58%

Cash On Cash

1.25%

Cap Rate

0.2

DSCR

$5,317

Rent

-$5,081

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1200k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$12,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,317

Total Expenses

$10,398

Mortgage P&I

115%

$6,117

Property Taxes

23%

$1,237

Home Insurance

8%

$420

HOA

1%

$71

Property Management

15%

$798

CapEx

4%

$213

Vacancy

0%

$0

Maintenance

4%

$213

Other

25%

$1,329

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