REI Lense

REI Lense

Unlock all features! Tap here to upgrade

239 Myrtle Ct, Palm Harbor, FL 34683

3 beds • 2 baths • 1540 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.83% first-year return on $134k initial cash invested.

-6.83%

Cash On Cash

4.63%

Cap Rate

0.79

DSCR

$5,165

Rent

-$760

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,165 income − $5,925 expenses = $760 out of pocket

Income$5,165Out of Pocket$760Mortgage P&I$2,67352%Property Taxes$58011%Insurance$1924%Management$77515%CapEx$2074%Maintenance$2074%Other$1,29125%

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,165

Total Expenses

$5,925

Mortgage P&I

52%

$2,673

Property Taxes

11%

$580

Home Insurance

4%

$192

HOA

0%

$0

Property Management

15%

$775

CapEx

4%

$207

Vacancy

0%

$0

Maintenance

4%

$207

Other

25%

$1,291

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis