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601 NE 105 Street, Miami Shores, FL 33138

3 beds • 2 baths • 2561 sqft

$1,350,000

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This property looks like a bad Airbnb investment with a projected -20.53% first-year return on $302k initial cash invested.

-20.53%

Cash On Cash

1.66%

Cap Rate

0.27

DSCR

$4,795

Rent

-$5,159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,795 income − $9,954 expenses = $5,159 out of pocket

Income$4,795Out of Pocket$5,159Mortgage P&I$6,836143%Property Taxes$3447%Insurance$47210%Management$71915%CapEx$1924%Maintenance$1924%Other$1,19925%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,795

Total Expenses

$9,954

Mortgage P&I

143%

$6,836

Property Taxes

7%

$344

Home Insurance

10%

$472

HOA

0%

$0

Property Management

15%

$719

CapEx

4%

$192

Vacancy

0%

$0

Maintenance

4%

$192

Other

25%

$1,199

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