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3330 NW 7th Court, Fort Lauderdale, FL 33311

3 beds • 2 baths • 1122 sqft

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This property looks like a bad Airbnb investment with a projected -12.33% first-year return on $113k initial cash invested.

-12.33%

Cash On Cash

3.22%

Cap Rate

0.54

DSCR

$3,547

Rent

-$1,156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,547 income − $4,703 expenses = $1,156 out of pocket

Income$3,547Out of Pocket$1,156Mortgage P&I$2,22263%Property Taxes$62017%Insurance$1584%Management$53215%CapEx$1424%Maintenance$1424%Other$88725%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,547

Total Expenses

$4,703

Mortgage P&I

63%

$2,222

Property Taxes

17%

$620

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$532

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$887

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