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3 Octavia Way, Safety Harbor, FL 34695

3 beds • 3 baths • 1948 sqft

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This property looks like a bad Airbnb investment with a projected -15.55% first-year return on $158k initial cash invested.

-15.55%

Cash On Cash

2.57%

Cap Rate

0.43

DSCR

$4,142

Rent

-$2,054

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,142 income − $6,196 expenses = $2,054 out of pocket

Income$4,142Out of Pocket$2,054Mortgage P&I$3,31880%Property Taxes$65516%Insurance$2346%Management$62115%CapEx$1664%Maintenance$1664%Other$1,03625%

Investment Breakdown

|

Purchase Price

$669k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$134k

Closing costs

1%

$6,690

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,142

Total Expenses

$6,196

Mortgage P&I

80%

$3,318

Property Taxes

16%

$655

Home Insurance

6%

$234

HOA

0%

$0

Property Management

15%

$621

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,036

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