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29703 69th St N, Clearwater, FL 33761

3 beds • 2 baths • 1382 sqft

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This property looks like a bad Airbnb investment with a projected -9.58% first-year return on $112k initial cash invested.

-9.58%

Cash On Cash

3.8%

Cap Rate

0.65

DSCR

$3,412

Rent

-$896

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,412 income − $4,308 expenses = $896 out of pocket

Income$3,412Out of Pocket$896Mortgage P&I$2,18264%Property Taxes$33210%Insurance$1575%Management$51215%CapEx$1364%Maintenance$1364%Other$85325%

Investment Breakdown

|

Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,800

Closing costs

1%

$4,490

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,412

Total Expenses

$4,308

Mortgage P&I

64%

$2,182

Property Taxes

10%

$332

Home Insurance

5%

$157

HOA

0%

$0

Property Management

15%

$512

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$853

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