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11285 3rd Ave, Marathon, FL 33050

3 beds • 2 baths • 1242 sqft

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This property looks like a bad Airbnb investment with a projected -12.6% first-year return on $226k initial cash invested.

-12.6%

Cash On Cash

3.59%

Cap Rate

0.59

DSCR

$6,992

Rent

-$2,372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,992 income − $9,364 expenses = $2,372 out of pocket

Income$6,992Out of Pocket$2,372Mortgage P&I$5,05372%Property Taxes$6089%Insurance$3465%Management$1,04915%CapEx$2804%Maintenance$2804%Other$1,74825%

Investment Breakdown

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Purchase Price

$990k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$226k

Downpayment

20%

$198k

Closing costs

1%

$9,900

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,992

Total Expenses

$9,364

Mortgage P&I

72%

$5,053

Property Taxes

9%

$608

Home Insurance

5%

$346

HOA

0%

$0

Property Management

15%

$1,049

CapEx

4%

$280

Vacancy

0%

$0

Maintenance

4%

$280

Other

25%

$1,748

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