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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 -8.11% first-year return on $133k initial cash invested.

-8.11%

Cash On Cash

4.26%

Cap Rate

0.73

DSCR

$4,841

Rent

-$902

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,841 income − $5,743 expenses = $902 out of pocket

Income$4,841Out of Pocket$902Mortgage P&I$2,66055%Property Taxes$55812%Insurance$2014%Management$72615%CapEx$1944%Maintenance$1944%Other$1,21025%

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

$4,841

Total Expenses

$5,743

Mortgage P&I

55%

$2,660

Property Taxes

12%

$558

Home Insurance

4%

$201

HOA

0%

$0

Property Management

15%

$726

CapEx

4%

$194

Vacancy

0%

$0

Maintenance

4%

$194

Other

25%

$1,210

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