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1607 Seminole Dr, Tallahassee, FL 32301

4 beds • 3 baths • 2656 sqft

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This property looks like a bad Airbnb investment with a projected -9.82% first-year return on $124k initial cash invested.

-9.82%

Cash On Cash

3.68%

Cap Rate

0.63

DSCR

$3,529

Rent

-$1,016

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$477k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$95,400

Closing costs

1%

$4,770

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$3,529

Total Expenses

$4,545

Mortgage P&I

66%

$2,337

Property Taxes

11%

$375

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$529

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$882

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Comparable Property

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ADR

Beds

Baths

Distance

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3

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3

2.5

0.73 mi

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4

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2

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0.9 mi

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5

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2

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0.9 mi

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5

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0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

$285

5

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