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966 SE 9th Ave, Pompano Beach, FL 33060

3 beds • 3 baths • 1959 sqft

$1,735,500

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This property looks like a bad Airbnb investment with a projected -20.05% first-year return on $382k initial cash invested.

-20.05%

Cash On Cash

1.73%

Cap Rate

0.29

DSCR

$7,098

Rent

-$6,389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,098 income − $13,487 expenses = $6,389 out of pocket

Income$7,098Out of Pocket$6,389Mortgage P&I$8,608121%Property Taxes$81812%Insurance$6549%Management$1,06515%CapEx$2844%Maintenance$2844%Other$1,77425%

Investment Breakdown

|

Purchase Price

$1736k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$382k

Downpayment

20%

$347k

Closing costs

1%

$17,355

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,098

Total Expenses

$13,487

Mortgage P&I

121%

$8,608

Property Taxes

12%

$818

Home Insurance

9%

$654

HOA

0%

$0

Property Management

15%

$1,065

CapEx

4%

$284

Vacancy

0%

$0

Maintenance

4%

$284

Other

25%

$1,774

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