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507 Minnesota Ave, Lynn Haven, FL 32444

3 beds • 2 baths • 1759 sqft

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This property looks like a bad Airbnb investment with a projected -15.65% first-year return on $87,090 initial cash invested.

-15.65%

Cash On Cash

1.93%

Cap Rate

0.33

DSCR

$1,688

Rent

-$1,136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,688 income − $2,824 expenses = $1,136 out of pocket

Income$1,688Out of Pocket$1,136Mortgage P&I$1,59695%Property Taxes$30018%Insurance$1177%Management$25315%CapEx$684%Maintenance$684%Other$42225%

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,688

Total Expenses

$2,824

Mortgage P&I

95%

$1,596

Property Taxes

18%

$300

Home Insurance

7%

$117

HOA

0%

$0

Property Management

15%

$253

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$422

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