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10115 Biscayne Blvd, Miami Shores, FL 33138

3 beds • 3 baths • 3312 sqft

$3,750,000

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This property looks like a bad Airbnb investment with a projected -28.57% first-year return on $806k initial cash invested.

-28.57%

Cash On Cash

0%

Cap Rate

0

DSCR

$5,096

Rent

-$19,180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,096 income − $24,276 expenses = $19,180 out of pocket

Income$5,096Out of Pocket$19,180Mortgage P&I$18,988373%Property Taxes$1,53030%Insurance$1,31226%Management$76415%CapEx$2044%Maintenance$2044%Other$1,27425%

Investment Breakdown

|

Purchase Price

$3750k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$806k

Downpayment

20%

$750k

Closing costs

1%

$37,500

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$5,096

Total Expenses

$24,276

Mortgage P&I

373%

$18,988

Property Taxes

30%

$1,530

Home Insurance

26%

$1,312

HOA

0%

$0

Property Management

15%

$764

CapEx

4%

$204

Vacancy

0%

$0

Maintenance

4%

$204

Other

25%

$1,274

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