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5451 NE 22nd Ave, Fort Lauderdale, FL 33308

4 beds • 2 baths • 2056 sqft

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This property looks like a bad Airbnb investment with a projected -16.09% first-year return on $179k initial cash invested.

-16.09%

Cash On Cash

2.41%

Cap Rate

0.4

DSCR

$5,475

Rent

-$2,405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,475 income − $7,880 expenses = $2,405 out of pocket

Income$5,475Out of Pocket$2,405Mortgage P&I$3,67067%Property Taxes$1,31424%Insurance$2685%Management$82115%CapEx$2194%Maintenance$2194%Other$1,36925%

Investment Breakdown

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Purchase Price

$740k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$148k

Closing costs

1%

$7,396

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$5,475

Total Expenses

$7,880

Mortgage P&I

67%

$3,670

Property Taxes

24%

$1,314

Home Insurance

5%

$268

HOA

0%

$0

Property Management

15%

$821

CapEx

4%

$219

Vacancy

0%

$0

Maintenance

4%

$219

Other

25%

$1,369

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