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1470 Carolina Ave, Mulberry, FL 33860

3 beds • 2 baths • 1443 sqft

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This property looks like a bad Airbnb investment with a projected -10.62% first-year return on $80,990 initial cash invested.

-10.62%

Cash On Cash

3.5%

Cap Rate

0.58

DSCR

$2,150

Rent

-$717

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,150 income − $2,867 expenses = $717 out of pocket

Income$2,150Out of Pocket$717Mortgage P&I$1,50570%Property Taxes$22510%Insurance$1055%Management$32215%CapEx$864%Maintenance$864%Other$53825%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,990

Downpayment

20%

$59,990

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,150

Total Expenses

$2,867

Mortgage P&I

70%

$1,505

Property Taxes

10%

$225

Home Insurance

5%

$105

HOA

0%

$0

Property Management

15%

$322

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$538

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