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5451 NE 22nd Ave, Fort Lauderdale, FL 33308

4 beds • 2 baths • 2056 sqft

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This property looks like a bad Airbnb investment with a projected -14.84% first-year return on $179k initial cash invested.

-14.84%

Cash On Cash

2.74%

Cap Rate

0.46

DSCR

$5,835

Rent

-$2,217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,835 income − $8,052 expenses = $2,217 out of pocket

Income$5,835Out of Pocket$2,217Mortgage P&I$3,67063%Property Taxes$1,31423%Insurance$2685%Management$87515%CapEx$2334%Maintenance$2334%Other$1,45925%

Investment Breakdown

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Purchase Price

$740k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$148k

Closing costs

1%

$7,396

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$5,835

Total Expenses

$8,052

Mortgage P&I

63%

$3,670

Property Taxes

23%

$1,314

Home Insurance

5%

$268

HOA

0%

$0

Property Management

15%

$875

CapEx

4%

$233

Vacancy

0%

$0

Maintenance

4%

$233

Other

25%

$1,459

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