REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1004 Spindle Palm Way, Apollo Beach, FL 33572

3 beds • 2 baths • 1458 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.06% first-year return on $134k initial cash invested.

-10.06%

Cash On Cash

3.91%

Cap Rate

0.66

DSCR

$4,587

Rent

-$1,120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,587 income − $5,707 expenses = $1,120 out of pocket

Income$4,587Out of Pocket$1,120Mortgage P&I$2,73160%Property Taxes$55512%Insurance$2205%Management$68815%CapEx$1834%Maintenance$1834%Other$1,14725%

Investment Breakdown

|

Purchase Price

$551k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,506

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,587

Total Expenses

$5,707

Mortgage P&I

60%

$2,731

Property Taxes

12%

$555

Home Insurance

5%

$220

HOA

0%

$0

Property Management

15%

$688

CapEx

4%

$183

Vacancy

0%

$0

Maintenance

4%

$183

Other

25%

$1,147

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis