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3938 Lovering Ave, North Port, FL 34286

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Airbnb investment with a projected -13.41% first-year return on $109k initial cash invested.

-13.41%

Cash On Cash

2.96%

Cap Rate

0.49

DSCR

$2,804

Rent

-$1,220

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,804 income − $4,024 expenses = $1,220 out of pocket

Income$2,804Out of Pocket$1,220Mortgage P&I$2,17778%Property Taxes$34312%Insurance$1586%Management$42115%CapEx$1124%Maintenance$1124%Other$70125%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,820

Closing costs

1%

$4,341

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,804

Total Expenses

$4,024

Mortgage P&I

78%

$2,177

Property Taxes

12%

$343

Home Insurance

6%

$158

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$701

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