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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 -17.46% first-year return on $116k initial cash invested.

-17.46%

Cash On Cash

1.93%

Cap Rate

0.32

DSCR

$2,296

Rent

-$1,687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,296 income − $3,983 expenses = $1,687 out of pocket

Income$2,296Out of Pocket$1,687Mortgage P&I$2,347102%Property Taxes$27212%Insurance$26211%Management$34415%CapEx$924%Maintenance$924%Other$57425%

Investment Breakdown

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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

$2,296

Total Expenses

$3,983

Mortgage P&I

102%

$2,347

Property Taxes

12%

$272

Home Insurance

11%

$262

HOA

0%

$0

Property Management

15%

$344

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$574

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