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601 Howard Street, Fort Pierce, FL 34982

3 beds • 2 baths • 1686 sqft

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This property looks like a bad Airbnb investment with a projected -10.03% first-year return on $99,900 initial cash invested.

-10.03%

Cash On Cash

3.86%

Cap Rate

0.64

DSCR

$3,393

Rent

-$835

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,393 income − $4,228 expenses = $835 out of pocket

Income$3,393Out of Pocket$835Mortgage P&I$1,95558%Property Taxes$50115%Insurance$1434%Management$50915%CapEx$1364%Maintenance$1364%Other$84825%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,900

Downpayment

20%

$78,000

Closing costs

1%

$3,900

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,393

Total Expenses

$4,228

Mortgage P&I

58%

$1,955

Property Taxes

15%

$501

Home Insurance

4%

$143

HOA

0%

$0

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$848

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