REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4548 29TH AVENUE CIRCLE E, Palmetto, FL 34221

3 beds • 2 baths • 1958 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.99% first-year return on $124k initial cash invested.

-14.99%

Cash On Cash

2.69%

Cap Rate

0.44

DSCR

$2,955

Rent

-$1,555

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,955 income − $4,510 expenses = $1,555 out of pocket

Income$2,955Out of Pocket$1,555Mortgage P&I$2,57587%Property Taxes$2468%Insurance$1846%HOA$873%Management$44315%CapEx$1184%Maintenance$1184%Other$73925%

Investment Breakdown

|

Purchase Price

$507k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,069

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,955

Total Expenses

$4,510

Mortgage P&I

87%

$2,575

Property Taxes

8%

$246

Home Insurance

6%

$184

HOA

3%

$87

Property Management

15%

$443

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$739

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis