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1607 Laurel Leaf Ln, Fort Pierce, FL 34950

3 beds • 2 baths • 1411 sqft

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This property looks like a bad Airbnb investment with a projected -0.4% first-year return on $66,636 initial cash invested.

-0.4%

Cash On Cash

6.44%

Cap Rate

1.06

DSCR

$2,228

Rent

-$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,228 income − $2,250 expenses = $22 out of pocket

Income$2,228Out of Pocket$22Mortgage P&I$1,17653%Property Taxes$4Insurance$1Management$33415%CapEx$894%Maintenance$894%Other$55725%

Investment Breakdown

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Purchase Price

$232k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,636

Downpayment

20%

$46,320

Closing costs

1%

$2,316

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,228

Total Expenses

$2,250

Mortgage P&I

53%

$1,176

Property Taxes

0%

$4

Home Insurance

0%

$1

HOA

0%

$0

Property Management

15%

$334

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$557

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