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6281 Longwood Ct, Tallahassee, FL 32311

3 beds • 3 baths • 1944 sqft

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This property looks like a bad Airbnb investment with a projected -13.91% first-year return on $103k initial cash invested.

-13.91%

Cash On Cash

2.75%

Cap Rate

0.46

DSCR

$2,594

Rent

-$1,197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,594 income − $3,791 expenses = $1,197 out of pocket

Income$2,594Out of Pocket$1,197Mortgage P&I$2,02478%Property Taxes$35114%Insurance$1456%HOA$261%Management$38915%CapEx$1044%Maintenance$1044%Other$64825%

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,200

Closing costs

1%

$4,060

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,594

Total Expenses

$3,791

Mortgage P&I

78%

$2,024

Property Taxes

14%

$351

Home Insurance

6%

$145

HOA

1%

$26

Property Management

15%

$389

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$648

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