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730 SW Daniels Ave Avenue SW, Palm Bay, FL 32908

3 beds • 2 baths • 1489 sqft

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This property looks like a bad Airbnb investment with a projected -4.83% first-year return on $67,539 initial cash invested.

-4.83%

Cash On Cash

5.19%

Cap Rate

0.85

DSCR

$2,387

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,387

Total Expenses

$2,659

Mortgage P&I

50%

$1,197

Property Taxes

10%

$233

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$358

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$597

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Bright 3bed/2bath w/ yards & short drive to beach!

$2,783

$122

3

2

0.43 mi

Home in Palm Bay

$3,924

$172

3

2

0.53 mi

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$2,464

$108

2

2

0.5 mi

Charming Cozy Home in the Heart of Palm Bay

$2,509

$110

2

1

0.77 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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