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4609 60TH STREET E, Bradenton, FL 34203

3 beds • 2 baths • 1725 sqft

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This property looks like a bad Airbnb investment with a projected -16.44% first-year return on $133k initial cash invested.

-16.44%

Cash On Cash

2.58%

Cap Rate

0.41

DSCR

$2,678

Rent

-$1,829

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,678 income − $4,507 expenses = $1,829 out of pocket

Income$2,678Out of Pocket$1,829Mortgage P&I$2,903108%Property Taxes$1265%Insurance$1927%Management$40215%CapEx$1074%Maintenance$1074%Other$67025%

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,678

Total Expenses

$4,507

Mortgage P&I

108%

$2,903

Property Taxes

5%

$126

Home Insurance

7%

$192

HOA

0%

$0

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

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