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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 -19.05% first-year return on $124k initial cash invested.

-19.05%

Cash On Cash

1.8%

Cap Rate

0.29

DSCR

$2,654

Rent

-$1,965

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,654 income − $4,619 expenses = $1,965 out of pocket

Income$2,654Out of Pocket$1,965Mortgage P&I$2,61699%Property Taxes$55921%Insurance$1706%Management$39815%CapEx$1064%Maintenance$1064%Other$66425%

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

$2,654

Total Expenses

$4,619

Mortgage P&I

99%

$2,616

Property Taxes

21%

$559

Home Insurance

6%

$170

HOA

0%

$0

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$664

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