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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 -16.27% first-year return on $133k initial cash invested.

-16.27%

Cash On Cash

2.62%

Cap Rate

0.41

DSCR

$2,712

Rent

-$1,810

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,712 income − $4,522 expenses = $1,810 out of pocket

Income$2,712Out of Pocket$1,810Mortgage P&I$2,903107%Property Taxes$1265%Insurance$1927%Management$40715%CapEx$1084%Maintenance$1084%Other$67825%

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

$2,712

Total Expenses

$4,522

Mortgage P&I

107%

$2,903

Property Taxes

5%

$126

Home Insurance

7%

$192

HOA

0%

$0

Property Management

15%

$407

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$678

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