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9911 ROYAL PALM DRIVE, Bradenton, FL 34210

3 beds • 2 baths • 1927 sqft

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This property looks like a bad Airbnb investment with a projected -14.97% first-year return on $221k initial cash invested.

-14.97%

Cash On Cash

3.4%

Cap Rate

0.52

DSCR

$5,996

Rent

-$2,754

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,996 income − $8,750 expenses = $2,754 out of pocket

Income$5,996Out of Pocket$2,754Mortgage P&I$5,24788%Property Taxes$2755%Insurance$3506%Management$89915%CapEx$2404%Maintenance$2404%Other$1,49925%

Investment Breakdown

|

Purchase Price

$966k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$221k

Downpayment

20%

$193k

Closing costs

1%

$9,657

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,996

Total Expenses

$8,750

Mortgage P&I

88%

$5,247

Property Taxes

5%

$275

Home Insurance

6%

$350

HOA

0%

$0

Property Management

15%

$899

CapEx

4%

$240

Vacancy

0%

$0

Maintenance

4%

$240

Other

25%

$1,499

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