REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1723 Mariners Cove #A, Fort Pierce, FL 34950

3 beds • 2 baths • 1480 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.36% first-year return on $59,790 initial cash invested.

-11.36%

Cash On Cash

3.35%

Cap Rate

0.54

DSCR

$2,122

Rent

-$566

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,122 income − $2,688 expenses = $566 out of pocket

Income$2,122Out of Pocket$566Mortgage P&I$1,03749%Property Taxes$834%Insurance$703%HOA$48023%Management$31815%CapEx$854%Maintenance$854%Other$53025%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,122

Total Expenses

$2,688

Mortgage P&I

49%

$1,037

Property Taxes

4%

$83

Home Insurance

3%

$70

HOA

23%

$480

Property Management

15%

$318

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$530

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis