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710 116th Ct NE, Bradenton, FL 34212

4 beds • 4 baths • 2665 sqft

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This property looks like a bad Airbnb investment with a projected -16.32% first-year return on $155k initial cash invested.

-16.32%

Cash On Cash

2.08%

Cap Rate

0.36

DSCR

$3,779

Rent

-$2,103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$622k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$124k

Closing costs

1%

$6,220

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,779

Total Expenses

$5,882

Mortgage P&I

80%

$3,029

Property Taxes

17%

$650

Home Insurance

6%

$224

HOA

4%

$165

Property Management

15%

$567

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$945

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