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3203 45th St E, Bradenton, FL 34208

3 beds • 2 baths • 1780 sqft

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This property looks like a bad Airbnb investment with a projected -14.74% first-year return on $122k initial cash invested.

-14.74%

Cash On Cash

2.63%

Cap Rate

0.44

DSCR

$2,499

Rent

-$1,503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,499 income − $4,002 expenses = $1,503 out of pocket

Income$2,499Out of Pocket$1,503Mortgage P&I$2,493100%Property Taxes$1315%Insurance$1787%Management$37515%CapEx$1004%Maintenance$1004%Other$62525%

Investment Breakdown

|

Purchase Price

$497k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,360

Closing costs

1%

$4,968

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,499

Total Expenses

$4,002

Mortgage P&I

100%

$2,493

Property Taxes

5%

$131

Home Insurance

7%

$178

HOA

0%

$0

Property Management

15%

$375

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$625

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