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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 -15.44% first-year return on $149k initial cash invested.

-15.44%

Cash On Cash

2.52%

Cap Rate

0.43

DSCR

$4,748

Rent

-$1,915

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,748 income − $6,663 expenses = $1,915 out of pocket

Income$4,748Out of Pocket$1,915Mortgage P&I$3,03464%Property Taxes$1,12224%Insurance$2285%Management$71215%CapEx$1904%Maintenance$1904%Other$1,18725%

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

$4,748

Total Expenses

$6,663

Mortgage P&I

64%

$3,034

Property Taxes

24%

$1,122

Home Insurance

5%

$228

HOA

0%

$0

Property Management

15%

$712

CapEx

4%

$190

Vacancy

0%

$0

Maintenance

4%

$190

Other

25%

$1,187

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