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2795 N BEACH ROAD #B, Englewood, FL 34223

3 beds • 6 baths • 3380 sqft

$2,218,600

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This property looks like a bad Airbnb investment with a projected -20.92% first-year return on $484k initial cash invested.

-20.92%

Cash On Cash

1.69%

Cap Rate

0.28

DSCR

$8,022

Rent

-$8,436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,022 income − $16,458 expenses = $8,436 out of pocket

Income$8,022Out of Pocket$8,436Mortgage P&I$11,234140%Property Taxes$4816%Insurance$89211%Management$1,20315%CapEx$3214%Maintenance$3214%Other$2,00625%

Investment Breakdown

|

Purchase Price

$2219k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$484k

Downpayment

20%

$444k

Closing costs

1%

$22,186

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,022

Total Expenses

$16,458

Mortgage P&I

140%

$11,234

Property Taxes

6%

$481

Home Insurance

11%

$892

HOA

0%

$0

Property Management

15%

$1,203

CapEx

4%

$321

Vacancy

0%

$0

Maintenance

4%

$321

Other

25%

$2,006

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