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1540 Bay Shore Dr, Cocoa Beach, FL 32931

3 beds • 2 baths • 1876 sqft

$1,251,800

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This property looks like a bad Airbnb investment with a projected -19.34% first-year return on $281k initial cash invested.

-19.34%

Cash On Cash

1.88%

Cap Rate

0.31

DSCR

$5,093

Rent

-$4,527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,093 income − $9,620 expenses = $4,527 out of pocket

Income$5,093Out of Pocket$4,527Mortgage P&I$6,286123%Property Taxes$4178%Insurance$4729%Management$76415%CapEx$2044%Maintenance$2044%Other$1,27325%

Investment Breakdown

|

Purchase Price

$1252k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$281k

Downpayment

20%

$250k

Closing costs

1%

$12,518

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,093

Total Expenses

$9,620

Mortgage P&I

123%

$6,286

Property Taxes

8%

$417

Home Insurance

9%

$472

HOA

0%

$0

Property Management

15%

$764

CapEx

4%

$204

Vacancy

0%

$0

Maintenance

4%

$204

Other

25%

$1,273

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