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1182 NORWOOD AVENUE, Clearwater, FL 33756

3 beds • 3 baths • 1829 sqft

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This property looks like a bad Airbnb investment with a projected -4.44% first-year return on $99,543 initial cash invested.

-4.44%

Cash On Cash

5.6%

Cap Rate

0.9

DSCR

$4,040

Rent

-$368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,040 income − $4,408 expenses = $368 out of pocket

Income$4,040Out of Pocket$368Mortgage P&I$2,01750%Property Taxes$3138%Insurance$1383%Management$60615%CapEx$1624%Maintenance$1624%Other$1,01025%

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

$4,040

Total Expenses

$4,408

Mortgage P&I

50%

$2,017

Property Taxes

8%

$313

Home Insurance

3%

$138

HOA

0%

$0

Property Management

15%

$606

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,010

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