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1121 Cogan Dr SE, Palm Bay, FL 32909

3 beds • 3 baths • 1967 sqft

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This property looks like a bad Airbnb investment with a projected -11.82% first-year return on $110k initial cash invested.

-11.82%

Cash On Cash

3.36%

Cap Rate

0.56

DSCR

$2,560

Rent

-$1,087

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $3,647 expenses = $1,087 out of pocket

Income$2,560Out of Pocket$1,087Mortgage P&I$2,21787%Property Taxes$482%Insurance$1546%Management$38415%CapEx$1024%Maintenance$1024%Other$64025%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$3,647

Mortgage P&I

87%

$2,217

Property Taxes

2%

$48

Home Insurance

6%

$154

HOA

0%

$0

Property Management

15%

$384

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$640

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