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2596 Shalimar Ter, North Port, FL 34286

3 beds • 2 baths • 2253 sqft

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This property looks like a bad Airbnb investment with a projected -7.77% first-year return on $99,900 initial cash invested.

-7.77%

Cash On Cash

4.43%

Cap Rate

0.74

DSCR

$3,259

Rent

-$647

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,259 income − $3,906 expenses = $647 out of pocket

Income$3,259Out of Pocket$647Mortgage P&I$1,95660%Property Taxes$2508%Insurance$1364%Management$48915%CapEx$1304%Maintenance$1304%Other$81525%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,900

Downpayment

20%

$78,000

Closing costs

1%

$3,900

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,259

Total Expenses

$3,906

Mortgage P&I

60%

$1,956

Property Taxes

8%

$250

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$489

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$815

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