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24581 Tangerine Ave, Punta Gorda, FL 33980

3 beds • 2 baths • 1759 sqft

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This property looks like a bad Airbnb investment with a projected -25.19% first-year return on $196k initial cash invested.

-25.19%

Cash On Cash

0.26%

Cap Rate

0.04

DSCR

$2,304

Rent

-$4,125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,304 income − $6,429 expenses = $4,125 out of pocket

Income$2,304Out of Pocket$4,125Mortgage P&I$4,216183%Property Taxes$80935%Insurance$29813%Management$34615%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

|

Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$170k

Closing costs

1%

$8,499

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,304

Total Expenses

$6,429

Mortgage P&I

183%

$4,216

Property Taxes

35%

$809

Home Insurance

13%

$298

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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