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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 -18.9% first-year return on $369k initial cash invested.

-18.9%

Cash On Cash

2.22%

Cap Rate

0.36

DSCR

$7,664

Rent

-$5,808

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,664 income − $13,472 expenses = $5,808 out of pocket

Income$7,664Out of Pocket$5,808Mortgage P&I$8,588112%Property Taxes$5747%Insurance$6308%Management$1,15015%CapEx$3074%Maintenance$3074%Other$1,91625%

Investment Breakdown

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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

$7,664

Total Expenses

$13,472

Mortgage P&I

112%

$8,588

Property Taxes

7%

$574

Home Insurance

8%

$630

HOA

0%

$0

Property Management

15%

$1,150

CapEx

4%

$307

Vacancy

0%

$0

Maintenance

4%

$307

Other

25%

$1,916

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