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506 Nogales Ave NE, Palm Bay, FL 32907

3 beds • 1 baths • 972 sqft

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This property looks like a bad Airbnb investment with a projected -8% first-year return on $64,221 initial cash invested.

-8%

Cash On Cash

4.16%

Cap Rate

0.68

DSCR

$1,880

Rent

-$428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,221

Downpayment

20%

$44,020

Closing costs

1%

$2,201

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,880

Total Expenses

$2,308

Mortgage P&I

59%

$1,116

Property Taxes

11%

$216

Home Insurance

4%

$74

HOA

0%

$0

Property Management

15%

$282

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$470

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