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3111 SW Seaboard Avenue, Palm City, FL 34990

3 beds • 2 baths • 1922 sqft

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This property looks like a bad Airbnb investment with a projected -16.74% first-year return on $129k initial cash invested.

-16.74%

Cash On Cash

2.11%

Cap Rate

0.36

DSCR

$2,701

Rent

-$1,800

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,701 income − $4,501 expenses = $1,800 out of pocket

Income$2,701Out of Pocket$1,800Mortgage P&I$2,62497%Property Taxes$26410%Insurance$2108%HOA$1074%Management$40515%CapEx$1084%Maintenance$1084%Other$67525%

Investment Breakdown

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Purchase Price

$529k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,288

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,701

Total Expenses

$4,501

Mortgage P&I

97%

$2,624

Property Taxes

10%

$264

Home Insurance

8%

$210

HOA

4%

$107

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$675

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