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2453 Addington Cir, Rockledge, FL 32955

3 beds • 2 baths • 1638 sqft

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This property looks like a bad Airbnb investment with a projected -20.82% first-year return on $113k initial cash invested.

-20.82%

Cash On Cash

1.63%

Cap Rate

0.25

DSCR

$2,433

Rent

-$1,960

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,433 income − $4,393 expenses = $1,960 out of pocket

Income$2,433Out of Pocket$1,960Mortgage P&I$2,479102%Property Taxes$38216%Insurance$1647%HOA$2018%Management$36515%CapEx$974%Maintenance$974%Other$60825%

Investment Breakdown

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Purchase Price

$452k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,440

Closing costs

1%

$4,522

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,433

Total Expenses

$4,393

Mortgage P&I

102%

$2,479

Property Taxes

16%

$382

Home Insurance

7%

$164

HOA

8%

$201

Property Management

15%

$365

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$608

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