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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 -22.28% first-year return on $196k initial cash invested.

-22.28%

Cash On Cash

0.98%

Cap Rate

0.17

DSCR

$3,222

Rent

-$3,648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,222 income − $6,870 expenses = $3,648 out of pocket

Income$3,222Out of Pocket$3,648Mortgage P&I$4,216131%Property Taxes$80925%Insurance$2989%Management$48315%CapEx$1294%Maintenance$1294%Other$80625%

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

$3,222

Total Expenses

$6,870

Mortgage P&I

131%

$4,216

Property Taxes

25%

$809

Home Insurance

9%

$298

HOA

0%

$0

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$806

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