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2221 Cypress Point Dr E, Clearwater, FL 33763

3 beds • 2 baths • 1409 sqft

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This property looks like a bad Airbnb investment with a projected -9.06% first-year return on $110k initial cash invested.

-9.06%

Cash On Cash

4.03%

Cap Rate

0.69

DSCR

$4,029

Rent

-$828

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,320

Closing costs

1%

$4,366

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,029

Total Expenses

$4,857

Mortgage P&I

53%

$2,132

Property Taxes

16%

$632

Home Insurance

4%

$160

HOA

0%

$0

Property Management

15%

$604

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,007

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