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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 -19.68% first-year return on $281k initial cash invested.

-19.68%

Cash On Cash

1.8%

Cap Rate

0.3

DSCR

$4,940

Rent

-$4,607

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,940 income − $9,547 expenses = $4,607 out of pocket

Income$4,940Out of Pocket$4,607Mortgage P&I$6,286127%Property Taxes$4178%Insurance$47210%Management$74115%CapEx$1984%Maintenance$1984%Other$1,23525%

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

$4,940

Total Expenses

$9,547

Mortgage P&I

127%

$6,286

Property Taxes

8%

$417

Home Insurance

10%

$472

HOA

0%

$0

Property Management

15%

$741

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,235

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