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2922 Rock Sound St, Bradenton, FL 34208

3 beds • 3 baths • 1960 sqft

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This property looks like a bad Airbnb investment with a projected -5.51% first-year return on $101k initial cash invested.

-5.51%

Cash On Cash

5.06%

Cap Rate

0.85

DSCR

$4,398

Rent

-$466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,398 income − $4,864 expenses = $466 out of pocket

Income$4,398Out of Pocket$466Mortgage P&I$1,96645%Property Taxes$53312%Insurance$1443%HOA$1092%Management$66015%CapEx$1764%Maintenance$1764%Other$1,10025%

Investment Breakdown

|

Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,480

Closing costs

1%

$3,974

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,398

Total Expenses

$4,864

Mortgage P&I

45%

$1,966

Property Taxes

12%

$533

Home Insurance

3%

$144

HOA

2%

$109

Property Management

15%

$660

CapEx

4%

$176

Vacancy

0%

$0

Maintenance

4%

$176

Other

25%

$1,100

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