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5107 Palm Drive, Fort Pierce, FL 34982

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Airbnb investment with a projected -1.68% first-year return on $68,379 initial cash invested.

-1.68%

Cash On Cash

6.44%

Cap Rate

1.02

DSCR

$3,104

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,104 income − $3,200 expenses = $96 out of pocket

Income$3,104Out of Pocket$96Mortgage P&I$1,25941%Property Taxes$36712%Insurance$843%Management$46615%CapEx$1244%Maintenance$1244%Other$77625%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,104

Total Expenses

$3,200

Mortgage P&I

41%

$1,259

Property Taxes

12%

$367

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$466

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$776

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