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1282 Danforth St SW, Palm Bay, FL 32908

3 beds • 2 baths • 2020 sqft

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This property looks like a bad Airbnb investment with a projected -11.54% first-year return on $81,504 initial cash invested.

-11.54%

Cash On Cash

3.08%

Cap Rate

0.52

DSCR

$1,745

Rent

-$784

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,745 income − $2,529 expenses = $784 out of pocket

Income$1,745Out of Pocket$784Mortgage P&I$1,49185%Property Taxes$784%Insurance$1227%Management$26215%CapEx$704%Maintenance$704%Other$43625%

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

$1,745

Total Expenses

$2,529

Mortgage P&I

85%

$1,491

Property Taxes

4%

$78

Home Insurance

7%

$122

HOA

0%

$0

Property Management

15%

$262

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$436

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