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1367 Wing Road SW, Palm Bay, FL 32908

3 beds • 2 baths • 1622 sqft

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This property looks like a bad Airbnb investment with a projected -5.84% first-year return on $87,678 initial cash invested.

-5.84%

Cash On Cash

4.65%

Cap Rate

0.8

DSCR

$2,624

Rent

-$427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,678

Downpayment

20%

$66,360

Closing costs

1%

$3,318

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,624

Total Expenses

$3,051

Mortgage P&I

61%

$1,609

Property Taxes

2%

$62

Home Insurance

5%

$120

HOA

0%

$0

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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