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5541 NE 19th Ave · Coral Ridge
Short-Term Rental Yield Analysis

5541 NE 19th Ave · Coral Ridge

5541 NE 19th Avenue, Fort Lauderdale FL 33308 · 4 Bed / 2 Bath · 1,640 sq ft · Built 1962
$825,000PoolSingle-familyPool
Purchase price
$825,000
$503 / sq ft
Lot
7500 sf
single-family, no HOA
Property tax (est.)
$16,500/yr
est. post-sale reassessment @ 2%
Cap rate (base)
4.6%
unlevered, honest
5541 NE 19th Ave · Coral Ridge5541 NE 19th Ave · Coral Ridge5541 NE 19th Ave · Coral Ridge5541 NE 19th Ave · Coral Ridge

The revenue basis

STR revenue here is the AirDNA Rentalizer, default comp set, read 13 Sep 2026, uplifted 20% to the level Property Management Brickell achieves on its own managed units — a market benchmark, not a unit-specific promise. Most units land below the zone median; the scenarios below bracket the range and the base case is deliberately mid-range.

STR revenue basis (AirDNA Rentalizer, default comp set, read 13 Sep 2026, uplifted 20% to the level Property Management Brickell achieves on its own managed units)
Occupancy67%
Average daily rate$406
Gross annual revenue — base case$119,000

Annual pro-forma — base case

Professionally-managed short-term rental. Base revenue $119,000.

Gross STR revenue$119,000
Professional STR management (20%)−$23,800
Property tax (est., see below)−$16,500
Insurance (single-family, STR)−$9,000
Cleaning (guest-paid, pass-through)−$16,431
Utilities + pool + lawn + internet−$10,800
Supplies, turnover, reserves (~4%)−$4,760
Net operating income (NOI)$37,709

Unlevered cap rate = $37,709 ÷ $825,000 = 4.6%.

Cash vs financed

The same $37,709 NOI, two ways to own it.

All cash

Cash in (price + ~3% closing)$849,750
Net operating income+$37,709
Cash yield≈ 4.4%

25% down, financed

Cash in (down + closing)$231,000
NOI − debt ($618,750 @ 7.25%)−$12,943/yr
+ principal paydown yr 1+$5,792
Monthly cash flow≈ −$1,079/mo

Three revenue scenarios

Same $825,000. Only the STR revenue assumption changes (cap = NOI ÷ price).

Conservative
$105,910
cap 3.4%
★ Base
$119,000
cap 4.6%
Optimistic
$122,570
cap 4.9%
GrossNOI Conservative$106k Base$119k Optimistic$122k Gross STR revenue Net operating income

Next step

Model your exact numbers

I'll walk you through STR set-up, financing options, and run the live numbers for this house.

Assumptions & disclosures

Revenue from AirDNA Rentalizer, default comp set, read 13 Sep 2026, uplifted 20% to the level Property Management Brickell achieves on its own managed units. Cap rates are honest, unlevered NOI ÷ price (3.4% / 4.6% / 4.9%). 25%-down case uses a $618,750 mortgage (75% LTV, 7.25%, 30-yr); rates vary by lender.
  • Florida short-term-rental taxes (~13%) — Miami-Dade tourist + state sales tax — are collected from the guest and remitted; not an owner expense above but filed on every stay.
  • Property tax is estimated — the county currently bills $13,267 on this property, a homestead-capped or land-only assessment that does not transfer to a buyer. The pro-forma uses 2.0% of price (a non-homestead sale reassesses to about market); the county's first full bill may differ. Verify with the Property Appraiser.
  • No appreciation assumed in the yield figures. Not tax or lending advice — verify with your CPA and lender.