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333 Cocoa Ave, Indialantic, FL 32903

3 beds • 2 baths • 1868 sqft

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This property looks like a bad Airbnb investment with a projected -11.49% first-year return on $172k initial cash invested.

-11.49%

Cash On Cash

3.63%

Cap Rate

0.61

DSCR

$5,707

Rent

-$1,648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,707 income − $7,355 expenses = $1,648 out of pocket

Income$5,707Out of Pocket$1,648Mortgage P&I$3,63964%Property Taxes$70612%Insurance$2715%Management$85615%CapEx$2284%Maintenance$2284%Other$1,42725%

Investment Breakdown

|

Purchase Price

$734k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$147k

Closing costs

1%

$7,340

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,707

Total Expenses

$7,355

Mortgage P&I

64%

$3,639

Property Taxes

12%

$706

Home Insurance

5%

$271

HOA

0%

$0

Property Management

15%

$856

CapEx

4%

$228

Vacancy

0%

$0

Maintenance

4%

$228

Other

25%

$1,427

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