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7 WAINWRIGHT Place, Palm Coast, FL 32164

3 beds • 2 baths • 2046 sqft

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This property looks like a bad Airbnb investment with a projected -4.87% first-year return on $98,598 initial cash invested.

-4.87%

Cash On Cash

5.11%

Cap Rate

0.86

DSCR

$3,512

Rent

-$400

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,598

Downpayment

20%

$76,760

Closing costs

1%

$3,838

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,512

Total Expenses

$3,912

Mortgage P&I

54%

$1,893

Property Taxes

6%

$195

Home Insurance

4%

$139

HOA

0%

$0

Property Management

15%

$527

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$878

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

2

0.22 mi

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3

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0.35 mi

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$4,906

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3

2

0.35 mi

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$4,292

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3

2

0.51 mi

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$2,500

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4

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1.3 mi

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$1,100

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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