Page 8 - 1609 E River Dr Margate
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SINGLE FAMILY RESIDENTIAL
1609 E River Dr
Margate, Margate, FL 33063
$425,000 3 2 1,913 Sq.Ft.
ACTIVE
List price Beds Baths 222/ Sq.Ft.
Home States Florida Margate 1609 E River Dr
Property Valuation Analytics
Airbnb Traditional
RENTAL INCOME $5,028 $2,186
See Comps $209/night $77/night
EXPENSES $2,354 $1,146
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CASH FLOW $2,674 $1,040
CASH ON CASH 7.55% 2.94%
CAP RATE 7.55% 2.94%
10 YEAR PAYBACK BALANCE $344,952 $129,214
Margate Analytics
Optimal Strategy: Airbnb, House, 4 Bedrooms
+19 Airbnb Traditional
RENTAL INCOME $3,234 $1,628
See Comps $108/night $54/night
Description AVAILABILITY Medium Low
Florida living at it's best! Enjoy sunsets by the pool with the view of the Stranahan River. This OCCUPANCY 63% 93%
beautiful 3 bedroom 2 bath home will not last long.*** Updated Kitchen with granite counter
tops***updated bathrooms***2 bedrooms w/walk-in closets***family room... IMPACT OF REVIEWS Medium Low
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