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3719 Long Rd, Southport, FL 32409

3 beds • 3 baths • 2410 sqft

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This property looks like a bad Airbnb investment with a projected -9.38% first-year return on $150k initial cash invested.

-9.38%

Cash On Cash

4.19%

Cap Rate

0.69

DSCR

$4,677

Rent

-$1,175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,677 income − $5,852 expenses = $1,175 out of pocket

Income$4,677Out of Pocket$1,175Mortgage P&I$3,19068%Property Taxes$1974%Insurance$2205%Management$70215%CapEx$1874%Maintenance$1874%Other$1,16925%

Investment Breakdown

|

Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,300

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,677

Total Expenses

$5,852

Mortgage P&I

68%

$3,190

Property Taxes

4%

$197

Home Insurance

5%

$220

HOA

0%

$0

Property Management

15%

$702

CapEx

4%

$187

Vacancy

0%

$0

Maintenance

4%

$187

Other

25%

$1,169

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