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2101 Harris Ave, Key West, FL 33040

3 beds • 3 baths • 1428 sqft

$1,670,500

View on Zillow
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This property looks like a bad Airbnb investment with a projected -17.34% first-year return on $369k initial cash invested.

-17.34%

Cash On Cash

2.59%

Cap Rate

0.42

DSCR

$8,582

Rent

-$5,329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,582 income − $13,911 expenses = $5,329 out of pocket

Income$8,582Out of Pocket$5,329Mortgage P&I$8,588100%Property Taxes$5747%Insurance$6307%Management$1,28715%CapEx$3434%Maintenance$3434%Other$2,14625%

Investment Breakdown

|

Purchase Price

$1671k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$369k

Downpayment

20%

$334k

Closing costs

1%

$16,705

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,582

Total Expenses

$13,911

Mortgage P&I

100%

$8,588

Property Taxes

7%

$574

Home Insurance

7%

$630

HOA

0%

$0

Property Management

15%

$1,287

CapEx

4%

$343

Vacancy

0%

$0

Maintenance

4%

$343

Other

25%

$2,146

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