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400 Paradise Woods Ct, Davenport, FL 33896

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Airbnb investment with a projected -10.08% first-year return on $77,157 initial cash invested.

-10.08%

Cash On Cash

3.69%

Cap Rate

0.61

DSCR

$2,475

Rent

-$648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,475 income − $3,123 expenses = $648 out of pocket

Income$2,475Out of Pocket$648Mortgage P&I$1,41557%Property Taxes$33514%Insurance$1014%HOA$843%Management$37115%CapEx$994%Maintenance$994%Other$61925%

Investment Breakdown

|

Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,157

Downpayment

20%

$56,340

Closing costs

1%

$2,817

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,475

Total Expenses

$3,123

Mortgage P&I

57%

$1,415

Property Taxes

14%

$335

Home Insurance

4%

$101

HOA

3%

$84

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$619

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