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3481 NE 18th Avenue, Oakland Park, FL 33306

3 beds • 2 baths • 1747 sqft

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This property looks like a bad Airbnb investment with a projected -15.46% first-year return on $195k initial cash invested.

-15.46%

Cash On Cash

2.71%

Cap Rate

0.46

DSCR

$5,864

Rent

-$2,518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,864 income − $8,382 expenses = $2,518 out of pocket

Income$5,864Out of Pocket$2,518Mortgage P&I$4,19171%Property Taxes$93716%Insurance$4387%Management$88015%CapEx$2354%Maintenance$2354%Other$1,46625%

Investment Breakdown

|

Purchase Price

$845k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$195k

Downpayment

20%

$169k

Closing costs

1%

$8,449

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,864

Total Expenses

$8,382

Mortgage P&I

71%

$4,191

Property Taxes

16%

$937

Home Insurance

7%

$438

HOA

0%

$0

Property Management

15%

$880

CapEx

4%

$235

Vacancy

0%

$0

Maintenance

4%

$235

Other

25%

$1,466

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