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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 -8.52% first-year return on $116k initial cash invested.

-8.52%

Cash On Cash

4.33%

Cap Rate

0.72

DSCR

$3,958

Rent

-$823

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,958 income − $4,781 expenses = $823 out of pocket

Income$3,958Out of Pocket$823Mortgage P&I$2,34759%Property Taxes$2727%Insurance$2627%Management$59415%CapEx$1584%Maintenance$1584%Other$99025%

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

$3,958

Total Expenses

$4,781

Mortgage P&I

59%

$2,347

Property Taxes

7%

$272

Home Insurance

7%

$262

HOA

0%

$0

Property Management

15%

$594

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$990

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