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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 -6.47% first-year return on $122k initial cash invested.

-6.47%

Cash On Cash

4.83%

Cap Rate

0.8

DSCR

$4,120

Rent

-$660

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,120 income − $4,780 expenses = $660 out of pocket

Income$4,120Out of Pocket$660Mortgage P&I$2,49361%Property Taxes$1313%Insurance$1784%Management$61815%CapEx$1654%Maintenance$1654%Other$1,03025%

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

$4,120

Total Expenses

$4,780

Mortgage P&I

61%

$2,493

Property Taxes

3%

$131

Home Insurance

4%

$178

HOA

0%

$0

Property Management

15%

$618

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,030

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