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2384 SW Strawberry Terrace, Palm City, FL 34990

3 beds • 2 baths • 1636 sqft

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This property looks like a bad Airbnb investment with a projected -21.55% first-year return on $140k initial cash invested.

-21.55%

Cash On Cash

0.97%

Cap Rate

0.16

DSCR

$2,620

Rent

-$2,512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,620 income − $5,132 expenses = $2,512 out of pocket

Income$2,620Out of Pocket$2,512Mortgage P&I$2,874110%Property Taxes$51620%Insurance$2198%HOA$26510%Management$39315%CapEx$1054%Maintenance$1054%Other$65525%

Investment Breakdown

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Purchase Price

$580k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,803

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,620

Total Expenses

$5,132

Mortgage P&I

110%

$2,874

Property Taxes

20%

$516

Home Insurance

8%

$219

HOA

10%

$265

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$655

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