REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2924 Penridge Dr, Palm Harbor, FL 34684

3 beds • 2 baths • 1693 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.43% first-year return on $118k initial cash invested.

-7.43%

Cash On Cash

4.41%

Cap Rate

0.75

DSCR

$4,036

Rent

-$733

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,036 income − $4,769 expenses = $733 out of pocket

Income$4,036Out of Pocket$733Mortgage P&I$2,33058%Property Taxes$2356%Insurance$1734%HOA$952%Management$60515%CapEx$1614%Maintenance$1614%Other$1,00925%

Investment Breakdown

|

Purchase Price

$478k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,580

Closing costs

1%

$4,779

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,036

Total Expenses

$4,769

Mortgage P&I

58%

$2,330

Property Taxes

6%

$235

Home Insurance

4%

$173

HOA

2%

$95

Property Management

15%

$605

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,009

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis