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630 NW 79th Avenue, Margate, FL 33063

3 beds • 2 baths • 1655 sqft

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This property looks like a bad Airbnb investment with a projected -17.14% first-year return on $147k initial cash invested.

-17.14%

Cash On Cash

2.06%

Cap Rate

0.35

DSCR

$2,967

Rent

-$2,102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,967 income − $5,069 expenses = $2,102 out of pocket

Income$2,967Out of Pocket$2,102Mortgage P&I$3,037102%Property Taxes$39213%Insurance$2157%Management$44515%CapEx$1194%Maintenance$1194%Other$74225%

Investment Breakdown

|

Purchase Price

$615k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,150

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,967

Total Expenses

$5,069

Mortgage P&I

102%

$3,037

Property Taxes

13%

$392

Home Insurance

7%

$215

HOA

0%

$0

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$742

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