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4960 NW 16th Street, Lauderhill, FL 33313

3 beds • 2 baths • 1692 sqft

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This property looks like a bad Airbnb investment with a projected -10.61% first-year return on $106k initial cash invested.

-10.61%

Cash On Cash

3.62%

Cap Rate

0.61

DSCR

$2,827

Rent

-$939

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,827 income − $3,766 expenses = $939 out of pocket

Income$2,827Out of Pocket$939Mortgage P&I$2,09374%Property Taxes$1696%Insurance$1475%Management$42415%CapEx$1134%Maintenance$1134%Other$70725%

Investment Breakdown

|

Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,827

Total Expenses

$3,766

Mortgage P&I

74%

$2,093

Property Taxes

6%

$169

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$707

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