REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1182 NORWOOD AVENUE, Clearwater, FL 33756

3 beds • 3 baths • 1829 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.81% first-year return on $99,543 initial cash invested.

-3.81%

Cash On Cash

5.77%

Cap Rate

0.93

DSCR

$4,137

Rent

-$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,137 income − $4,453 expenses = $316 out of pocket

Income$4,137Out of Pocket$316Mortgage P&I$2,01749%Property Taxes$3138%Insurance$1383%Management$62115%CapEx$1654%Maintenance$1654%Other$1,03425%

Investment Breakdown

|

Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,543

Downpayment

20%

$77,660

Closing costs

1%

$3,883

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,137

Total Expenses

$4,453

Mortgage P&I

49%

$2,017

Property Taxes

8%

$313

Home Insurance

3%

$138

HOA

0%

$0

Property Management

15%

$621

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,034

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis