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11124 60th Ave, Seminole, FL 33772

3 beds • 2 baths • 1301 sqft

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This property looks like a bad Airbnb investment with a projected -8.59% first-year return on $137k initial cash invested.

-8.59%

Cash On Cash

4.28%

Cap Rate

0.72

DSCR

$4,913

Rent

-$984

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,913 income − $5,897 expenses = $984 out of pocket

Income$4,913Out of Pocket$984Mortgage P&I$2,81757%Property Taxes$50810%Insurance$2104%HOA$3Management$73715%CapEx$1974%Maintenance$1974%Other$1,22825%

Investment Breakdown

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Purchase Price

$569k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$114k

Closing costs

1%

$5,689

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,913

Total Expenses

$5,897

Mortgage P&I

57%

$2,817

Property Taxes

10%

$508

Home Insurance

4%

$210

HOA

0%

$3

Property Management

15%

$737

CapEx

4%

$197

Vacancy

0%

$0

Maintenance

4%

$197

Other

25%

$1,228

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