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402 Devonshire Ln, Venice, FL 34293

3 beds • 3 baths • 2747 sqft

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This property looks like a bad Airbnb investment with a projected -25% first-year return on $149k initial cash invested.

-25%

Cash On Cash

0.05%

Cap Rate

0.01

DSCR

$1,438

Rent

-$3,095

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$622k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$124k

Closing costs

1%

$6,216

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,438

Total Expenses

$4,533

Mortgage P&I

213%

$3,065

Property Taxes

31%

$440

Home Insurance

16%

$227

HOA

8%

$109

Property Management

15%

$216

CapEx

4%

$58

Vacancy

0%

$0

Maintenance

4%

$58

Other

25%

$360

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