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601 NE 33rd Street, Oakland Park, FL 33334

3 beds • 2 baths • 1351 sqft

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This property looks like a bad Airbnb investment with a projected -8.74% first-year return on $149k initial cash invested.

-8.74%

Cash On Cash

4.25%

Cap Rate

0.73

DSCR

$6,346

Rent

-$1,084

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,346 income − $7,430 expenses = $1,084 out of pocket

Income$6,346Out of Pocket$1,084Mortgage P&I$3,03448%Property Taxes$1,12218%Insurance$2284%Management$95215%CapEx$2544%Maintenance$2544%Other$1,58625%

Investment Breakdown

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Purchase Price

$623k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,229

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,346

Total Expenses

$7,430

Mortgage P&I

48%

$3,034

Property Taxes

18%

$1,122

Home Insurance

4%

$228

HOA

0%

$0

Property Management

15%

$952

CapEx

4%

$254

Vacancy

0%

$0

Maintenance

4%

$254

Other

25%

$1,586

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