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302 Reid Ct, Sanford, FL 32773

3 beds • 2 baths • 1580 sqft

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This property looks like a bad Airbnb investment with a projected -10.99% first-year return on $83,079 initial cash invested.

-10.99%

Cash On Cash

3.37%

Cap Rate

0.56

DSCR

$2,196

Rent

-$761

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,196 income − $2,957 expenses = $761 out of pocket

Income$2,196Out of Pocket$761Mortgage P&I$1,54470%Property Taxes$24911%Insurance$1105%Management$32915%CapEx$884%Maintenance$884%Other$54925%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,079

Downpayment

20%

$61,980

Closing costs

1%

$3,099

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,196

Total Expenses

$2,957

Mortgage P&I

70%

$1,544

Property Taxes

11%

$249

Home Insurance

5%

$110

HOA

0%

$0

Property Management

15%

$329

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$549

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