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614 SW 1st St, Cape Coral, FL 33991

3 beds • 2 baths • 1580 sqft

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This property looks like a bad Airbnb investment with a projected -13.22% first-year return on $87,300 initial cash invested.

-13.22%

Cash On Cash

2.87%

Cap Rate

0.48

DSCR

$2,398

Rent

-$962

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,398

Total Expenses

$3,360

Mortgage P&I

69%

$1,655

Property Taxes

18%

$437

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$360

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$600

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ADR

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2

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5

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0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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5

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