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471 Bluefields St SE, Palm Bay, FL 32909

3 beds • 2 baths • 1597 sqft

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This property looks like a bad Airbnb investment with a projected -11.64% first-year return on $79,824 initial cash invested.

-11.64%

Cash On Cash

3.23%

Cap Rate

0.53

DSCR

$1,760

Rent

-$774

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,760 income − $2,534 expenses = $774 out of pocket

Income$1,760Out of Pocket$774Mortgage P&I$1,49685%Property Taxes$895%Insurance$1056%Management$26415%CapEx$704%Maintenance$704%Other$44025%

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,824

Downpayment

20%

$58,880

Closing costs

1%

$2,944

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,760

Total Expenses

$2,534

Mortgage P&I

85%

$1,496

Property Taxes

5%

$89

Home Insurance

6%

$105

HOA

0%

$0

Property Management

15%

$264

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$440

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