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3610 GARDEN LAKES IVY, Bradenton, FL 34203

3 beds • 2 baths • 1838 sqft

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This property looks like a bad Airbnb investment with a projected -9.52% first-year return on $78,879 initial cash invested.

-9.52%

Cash On Cash

4.12%

Cap Rate

0.67

DSCR

$3,512

Rent

-$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,512 income − $4,138 expenses = $626 out of pocket

Income$3,512Out of Pocket$626Mortgage P&I$1,48242%Property Taxes$35210%Insurance$1053%HOA$51415%Management$52715%CapEx$1404%Maintenance$1404%Other$87825%

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,512

Total Expenses

$4,138

Mortgage P&I

42%

$1,482

Property Taxes

10%

$352

Home Insurance

3%

$105

HOA

15%

$514

Property Management

15%

$527

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$878

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