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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 -9.79% first-year return on $99,900 initial cash invested.

-9.79%

Cash On Cash

3.87%

Cap Rate

0.64

DSCR

$2,939

Rent

-$815

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,939 income − $3,754 expenses = $815 out of pocket

Income$2,939Out of Pocket$815Mortgage P&I$1,95667%Property Taxes$2509%Insurance$1365%Management$44115%CapEx$1184%Maintenance$1184%Other$73525%

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

$2,939

Total Expenses

$3,754

Mortgage P&I

67%

$1,956

Property Taxes

9%

$250

Home Insurance

5%

$136

HOA

0%

$0

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$735

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