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1563 Par Court, Vero Beach, FL 32966

3 beds • 3 baths • 1594 sqft

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This property looks like a bad Airbnb investment with a projected -1.54% first-year return on $70,290 initial cash invested.

-1.54%

Cash On Cash

6.13%

Cap Rate

1.03

DSCR

$3,213

Rent

-$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,213 income − $3,303 expenses = $90 out of pocket

Income$3,213Out of Pocket$90Mortgage P&I$1,23438%Property Taxes$2819%Insurance$893%HOA$1565%Management$48215%CapEx$1294%Maintenance$1294%Other$80325%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,213

Total Expenses

$3,303

Mortgage P&I

38%

$1,234

Property Taxes

9%

$281

Home Insurance

3%

$89

HOA

5%

$156

Property Management

15%

$482

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$803

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