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2553 SE 3rd Street, Homestead, FL 33033

4 beds • 3 baths • 2720 sqft

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This property looks like a bad Airbnb investment with a projected -34.28% first-year return on $150k initial cash invested.

-34.28%

Cash On Cash

-2.28%

Cap Rate

-0.37

DSCR

$2,485

Rent

-$4,298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$602k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$120k

Closing costs

1%

$6,022

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$2,485

Total Expenses

$6,783

Mortgage P&I

123%

$3,056

Property Taxes

81%

$2,007

Home Insurance

8%

$203

HOA

13%

$325

Property Management

15%

$373

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$621

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