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1383 Carolina Ct, Rio Rico, AZ 85648

3 beds • 2 baths • 1982 sqft

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This property looks like a bad Airbnb investment with a projected -6.67% first-year return on $97,800 initial cash invested.

-6.67%

Cash On Cash

4.54%

Cap Rate

0.77

DSCR

$2,831

Rent

-$544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,831

Total Expenses

$3,375

Mortgage P&I

66%

$1,869

Property Taxes

0%

$14

Home Insurance

5%

$133

HOA

0%

$0

Property Management

15%

$425

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$708

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