REI Lense

REI Lense

Unlock all features! Tap here to upgrade

10422 MEDJOOL DRIVE, Venice, FL 34293

3 beds • 4 baths • 2386 sqft

Email

This property looks like a bad Airbnb investment with a projected -25.58% first-year return on $223k initial cash invested.

-25.58%

Cash On Cash

0.86%

Cap Rate

0.13

DSCR

$3,662

Rent

-$4,748

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,662 income − $8,410 expenses = $4,748 out of pocket

Income$3,662Out of Pocket$4,748Mortgage P&I$5,297145%Property Taxes$50514%Insurance$3419%HOA$51014%Management$54915%CapEx$1464%Maintenance$1464%Other$91625%

Investment Breakdown

|

Purchase Price

$975k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$223k

Downpayment

20%

$195k

Closing costs

1%

$9,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,662

Total Expenses

$8,410

Mortgage P&I

145%

$5,297

Property Taxes

14%

$505

Home Insurance

9%

$341

HOA

14%

$510

Property Management

15%

$549

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$916

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis