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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 -17.83% first-year return on $109k initial cash invested.

-17.83%

Cash On Cash

1.76%

Cap Rate

0.29

DSCR

$2,030

Rent

-$1,622

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,030 income − $3,652 expenses = $1,622 out of pocket

Income$2,030Out of Pocket$1,622Mortgage P&I$2,177107%Property Taxes$34317%Insurance$1588%Management$30415%CapEx$814%Maintenance$814%Other$50825%

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

$2,030

Total Expenses

$3,652

Mortgage P&I

107%

$2,177

Property Taxes

17%

$343

Home Insurance

8%

$158

HOA

0%

$0

Property Management

15%

$304

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$508

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