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1923 Banning Beach Rd, Tavares, FL 32778

3 beds • 2 baths • 2030 sqft

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This property looks like a bad Airbnb investment with a projected -9.54% first-year return on $106k initial cash invested.

-9.54%

Cash On Cash

3.74%

Cap Rate

0.65

DSCR

$3,367

Rent

-$840

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,480

Closing costs

1%

$4,174

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,367

Total Expenses

$4,207

Mortgage P&I

60%

$2,006

Property Taxes

10%

$342

Home Insurance

4%

$149

HOA

3%

$93

Property Management

15%

$505

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$842

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