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338 Erie Dr, Poinciana, FL 34759

3 beds • 2 baths • 1615 sqft

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This property looks like a bad Airbnb investment with a projected -12.61% first-year return on $63,486 initial cash invested.

-12.61%

Cash On Cash

2.9%

Cap Rate

0.47

DSCR

$1,731

Rent

-$667

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,731 income − $2,398 expenses = $667 out of pocket

Income$1,731Out of Pocket$667Mortgage P&I$1,12165%Property Taxes$26916%Insurance$774%HOA$1006%Management$26015%CapEx$694%Maintenance$694%Other$43325%

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,486

Downpayment

20%

$43,320

Closing costs

1%

$2,166

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,731

Total Expenses

$2,398

Mortgage P&I

65%

$1,121

Property Taxes

16%

$269

Home Insurance

4%

$77

HOA

6%

$100

Property Management

15%

$260

CapEx

4%

$69

Vacancy

0%

$0

Maintenance

4%

$69

Other

25%

$433

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