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303 Wexford Ter #183, Venice, FL 34293

3 beds • 2 baths • 1319 sqft

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This property looks like a bad Airbnb investment with a projected -26.22% first-year return on $69,240 initial cash invested.

-26.22%

Cash On Cash

-0.96%

Cap Rate

-0.15

DSCR

$1,455

Rent

-$1,513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,240

Downpayment

20%

$48,800

Closing costs

1%

$2,440

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,455

Total Expenses

$2,968

Mortgage P&I

87%

$1,260

Property Taxes

18%

$259

Home Insurance

6%

$85

HOA

46%

$666

Property Management

15%

$218

CapEx

4%

$58

Vacancy

0%

$0

Maintenance

4%

$58

Other

25%

$364

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