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970 Kingfisher Way, Rockledge, FL 32955

3 beds • 2 baths • 1828 sqft

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This property looks like a bad Airbnb investment with a projected -4% first-year return on $107k initial cash invested.

-4%

Cash On Cash

5.53%

Cap Rate

0.92

DSCR

$4,572

Rent

-$356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,572 income − $4,928 expenses = $356 out of pocket

Income$4,572Out of Pocket$356Mortgage P&I$2,12546%Property Taxes$44010%Insurance$1493%HOA$19Management$68615%CapEx$1834%Maintenance$1834%Other$1,14325%

Investment Breakdown

|

Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,660

Closing costs

1%

$4,233

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,572

Total Expenses

$4,928

Mortgage P&I

46%

$2,125

Property Taxes

10%

$440

Home Insurance

3%

$149

HOA

0%

$19

Property Management

15%

$686

CapEx

4%

$183

Vacancy

0%

$0

Maintenance

4%

$183

Other

25%

$1,143

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