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2776 SE 21st Rd, Gainesville, FL 32641

3 beds • 2 baths • 1177 sqft

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This property looks like a bad Airbnb investment with a projected -12.7% first-year return on $66,321 initial cash invested.

-12.7%

Cash On Cash

2.98%

Cap Rate

0.47

DSCR

$1,630

Rent

-$702

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,630 income − $2,332 expenses = $702 out of pocket

Income$1,630Out of Pocket$702Mortgage P&I$1,20874%Property Taxes$24015%Insurance$825%HOA$201%Management$24415%CapEx$654%Maintenance$654%Other$40825%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,321

Downpayment

20%

$46,020

Closing costs

1%

$2,301

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,630

Total Expenses

$2,332

Mortgage P&I

74%

$1,208

Property Taxes

15%

$240

Home Insurance

5%

$82

HOA

1%

$20

Property Management

15%

$244

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$408

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