REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2107 8th Ave E, Bradenton, FL 34208

3 beds • 2 baths • 1089 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.29% first-year return on $81,000 initial cash invested.

-1.29%

Cash On Cash

6.04%

Cap Rate

1.02

DSCR

$2,983

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,983

Total Expenses

$3,070

Mortgage P&I

50%

$1,479

Property Taxes

2%

$55

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$746

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Carolina EVE

$3,066

$240

3

2

0.57 mi

River House Retreat — Canal Views and Poolside

$4,446

$348

3

2

0.61 mi

Manatee Hideaway Waterfront Home Incredible Views

$4,229

$331

3

2

0.78 mi

Fireside Sunsets & Private Dock

$2,670

$209

3

1.5

0.61 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis