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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 -10.04% first-year return on $63,486 initial cash invested.

-10.04%

Cash On Cash

3.71%

Cap Rate

0.6

DSCR

$1,993

Rent

-$531

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,993 income − $2,524 expenses = $531 out of pocket

Income$1,993Out of Pocket$531Mortgage P&I$1,12156%Property Taxes$26913%Insurance$774%HOA$1005%Management$29915%CapEx$804%Maintenance$804%Other$49825%

Investment Breakdown

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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

$1,993

Total Expenses

$2,524

Mortgage P&I

56%

$1,121

Property Taxes

14%

$269

Home Insurance

4%

$77

HOA

5%

$100

Property Management

15%

$299

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$498

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