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7101 62nd Way N, Pinellas Park, FL 33781

3 beds • 2 baths • 1296 sqft

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This property looks like a bad Airbnb investment with a projected -4.46% first-year return on $101k initial cash invested.

-4.46%

Cash On Cash

5.34%

Cap Rate

0.89

DSCR

$3,792

Rent

-$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,792 income − $4,167 expenses = $375 out of pocket

Income$3,792Out of Pocket$375Mortgage P&I$1,98252%Property Taxes$2266%Insurance$1384%Management$56915%CapEx$1524%Maintenance$1524%Other$94825%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,792

Total Expenses

$4,167

Mortgage P&I

52%

$1,982

Property Taxes

6%

$226

Home Insurance

4%

$138

HOA

0%

$0

Property Management

15%

$569

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$948

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