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707 65TH AVENUE DRIVE W, Bradenton, FL 34207

3 beds • 2 baths • 1182 sqft

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This property looks like a bad Airbnb investment with a projected -3.33% first-year return on $99,879 initial cash invested.

-3.33%

Cash On Cash

5.77%

Cap Rate

0.94

DSCR

$4,031

Rent

-$277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,031 income − $4,308 expenses = $277 out of pocket

Income$4,031Out of Pocket$277Mortgage P&I$1,99049%Property Taxes$2476%Insurance$1363%Management$60515%CapEx$1614%Maintenance$1614%Other$1,00825%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,031

Total Expenses

$4,308

Mortgage P&I

49%

$1,990

Property Taxes

6%

$247

Home Insurance

3%

$136

HOA

0%

$0

Property Management

15%

$605

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,008

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