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1985 Carolina Ave NE, Saint Petersburg, FL 33703
3 beds • 3 baths • 2126 sqft
$1,444,700
View on ZillowThis property looks like a bad Airbnb investment with a projected -27.54% first-year return on $321k initial cash invested.
-27.54%
Cash On Cash
-0.05%
Cap Rate
-0.01
DSCR
$3,792
Rent
-$7,375
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,792 income − $11,167 expenses = $7,375 out of pocket
Investment Breakdown
|
Purchase Price
$1445k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$321k
Downpayment
20%
$289k
Closing costs
1%
$14,447
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,792
Total Expenses
$11,167
Mortgage P&I
189%
$7,166
Property Taxes
44%
$1,664
Home Insurance
13%
$499
HOA
0%
$17
Property Management
15%
$569
CapEx
4%
$152
Vacancy
0%
$0
Maintenance
4%
$152
Other
25%
$948