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2128 Wembley Way, Tallahassee, FL 32308

3 beds • 2 baths • 1391 sqft

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This property looks like a bad Airbnb investment with a projected -8.11% first-year return on $78,879 initial cash invested.

-8.11%

Cash On Cash

4.47%

Cap Rate

0.72

DSCR

$2,650

Rent

-$533

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,650 income − $3,183 expenses = $533 out of pocket

Income$2,650Out of Pocket$533Mortgage P&I$1,50657%Property Taxes$30311%Insurance$1024%Management$39815%CapEx$1064%Maintenance$1064%Other$66225%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,650

Total Expenses

$3,183

Mortgage P&I

57%

$1,506

Property Taxes

11%

$303

Home Insurance

4%

$102

HOA

0%

$0

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$662

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