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7980 21ST Street SW, Vero Beach, FL 32968

3 beds • 2 baths • 1670 sqft

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This property looks like a bad Airbnb investment with a projected -22.35% first-year return on $116k initial cash invested.

-22.35%

Cash On Cash

0.62%

Cap Rate

0.1

DSCR

$1,385

Rent

-$2,160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,385 income − $3,545 expenses = $2,160 out of pocket

Income$1,385Out of Pocket$2,160Mortgage P&I$2,347169%Property Taxes$27220%Insurance$26219%Management$20815%CapEx$554%Maintenance$554%Other$34625%

Investment Breakdown

|

Purchase Price

$467k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,300

Closing costs

1%

$4,665

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,385

Total Expenses

$3,545

Mortgage P&I

169%

$2,347

Property Taxes

20%

$272

Home Insurance

19%

$262

HOA

0%

$0

Property Management

15%

$208

CapEx

4%

$55

Vacancy

0%

$0

Maintenance

4%

$55

Other

25%

$346

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