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2949 Sherwood Dr, Navarre, FL 32566

3 beds • 2 baths • 1927 sqft

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This property looks like a bad Airbnb investment with a projected -6.73% first-year return on $112k initial cash invested.

-6.73%

Cash On Cash

4.76%

Cap Rate

0.78

DSCR

$3,472

Rent

-$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,472 income − $4,098 expenses = $626 out of pocket

Income$3,472Out of Pocket$626Mortgage P&I$2,25665%Property Taxes$17Insurance$1585%Management$52115%CapEx$1394%Maintenance$1394%Other$86825%

Investment Breakdown

|

Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,200

Closing costs

1%

$4,460

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,472

Total Expenses

$4,098

Mortgage P&I

65%

$2,256

Property Taxes

0%

$17

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$521

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$868

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