REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1282 Danforth St SW, Palm Bay, FL 32908

3 beds • 2 baths • 2020 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.68% first-year return on $81,504 initial cash invested.

-12.68%

Cash On Cash

2.75%

Cap Rate

0.47

DSCR

$1,597

Rent

-$861

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,597 income − $2,458 expenses = $861 out of pocket

Income$1,597Out of Pocket$861Mortgage P&I$1,49193%Property Taxes$785%Insurance$1228%Management$24015%CapEx$644%Maintenance$644%Other$39925%

Investment Breakdown

|

Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,504

Downpayment

20%

$60,480

Closing costs

1%

$3,024

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,597

Total Expenses

$2,458

Mortgage P&I

93%

$1,491

Property Taxes

5%

$78

Home Insurance

8%

$122

HOA

0%

$0

Property Management

15%

$240

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$399

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis