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1389 Chesterfield Dr, Clearwater, FL 33756

3 beds • 2 baths • 1414 sqft

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This property looks like a bad Airbnb investment with a projected -6.63% first-year return on $133k initial cash invested.

-6.63%

Cash On Cash

4.64%

Cap Rate

0.8

DSCR

$5,155

Rent

-$738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,155 income − $5,893 expenses = $738 out of pocket

Income$5,155Out of Pocket$738Mortgage P&I$2,66052%Property Taxes$55811%Insurance$2014%Management$77315%CapEx$2064%Maintenance$2064%Other$1,28925%

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,499

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,155

Total Expenses

$5,893

Mortgage P&I

52%

$2,660

Property Taxes

11%

$558

Home Insurance

4%

$201

HOA

0%

$0

Property Management

15%

$773

CapEx

4%

$206

Vacancy

0%

$0

Maintenance

4%

$206

Other

25%

$1,289

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