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506 SE 24th St, Cape Coral, FL 33990

3 beds • 3 baths • 2516 sqft

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This property looks like a bad Airbnb investment with a projected -17.97% first-year return on $153k initial cash invested.

-17.97%

Cash On Cash

1.71%

Cap Rate

0.3

DSCR

$2,833

Rent

-$2,298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$645k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,450

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,833

Total Expenses

$5,131

Mortgage P&I

110%

$3,104

Property Taxes

16%

$442

Home Insurance

8%

$226

HOA

0%

$0

Property Management

15%

$425

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$708

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