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1407 E NORTH BAY STREET, Tampa, FL 33603

3 beds • 2 baths • 1804 sqft

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This property looks like a bad Airbnb investment with a projected -18.25% first-year return on $124k initial cash invested.

-18.25%

Cash On Cash

2.02%

Cap Rate

0.32

DSCR

$2,812

Rent

-$1,882

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,812 income − $4,694 expenses = $1,882 out of pocket

Income$2,812Out of Pocket$1,882Mortgage P&I$2,61693%Property Taxes$55920%Insurance$1706%Management$42215%CapEx$1124%Maintenance$1124%Other$70325%

Investment Breakdown

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Purchase Price

$504k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,037

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,812

Total Expenses

$4,694

Mortgage P&I

93%

$2,616

Property Taxes

20%

$559

Home Insurance

6%

$170

HOA

0%

$0

Property Management

15%

$422

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$703

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