REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1111 Grapefruit Rd SE, Palm Bay, FL 32909

2 beds • 1 baths • 1104 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.65% first-year return on $54,567 initial cash invested.

-7.65%

Cash On Cash

4.46%

Cap Rate

0.73

DSCR

$1,824

Rent

-$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$203k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,567

Downpayment

20%

$40,540

Closing costs

1%

$2,027

Rehab

0%

$0

Furnishing

6%

$12,000

Cashflow

Total Income

$1,824

Total Expenses

$2,172

Mortgage P&I

56%

$1,028

Property Taxes

11%

$201

Home Insurance

4%

$67

HOA

0%

$0

Property Management

15%

$274

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$456

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Our Little C&S Airbnb Paradise

$3,247

$175

2

1

1.55 mi

2Br Peaceful Get Away, 20 Mins From Beach

$2,579

$139

2

1

1.85 mi

Sunny Palm Bay Retreat - 20 min from Beach/Lagoon

$1,651

$89

2

1

1.1 mi

Home, studio in Palm bay Florida

$1,429

$77

2

1

1.28 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis