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420 Carol Dr NE, Palm Bay, FL 32907

3 beds • 2 baths • 1710 sqft

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This property looks like a bad Airbnb investment with a projected -0.88% first-year return on $78,921 initial cash invested.

-0.88%

Cash On Cash

6.26%

Cap Rate

1.05

DSCR

$3,204

Rent

-$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,921

Downpayment

20%

$58,020

Closing costs

1%

$2,901

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,204

Total Expenses

$3,262

Mortgage P&I

45%

$1,444

Property Taxes

5%

$175

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$481

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$801

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