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107 Corot Dr, Nokomis, FL 34275

3 beds • 3 baths • 1786 sqft

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This property looks like a bad Airbnb investment with a projected -12.78% first-year return on $109k initial cash invested.

-12.78%

Cash On Cash

3.12%

Cap Rate

0.52

DSCR

$2,805

Rent

-$1,163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,805 income − $3,968 expenses = $1,163 out of pocket

Income$2,805Out of Pocket$1,163Mortgage P&I$2,18178%Property Taxes$27110%Insurance$1576%HOA$13Management$42115%CapEx$1124%Maintenance$1124%Other$70125%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,880

Closing costs

1%

$4,344

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,805

Total Expenses

$3,968

Mortgage P&I

78%

$2,181

Property Taxes

10%

$271

Home Insurance

6%

$157

HOA

0%

$13

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$701

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