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302 Reid Ct, Sanford, FL 32773

3 beds • 2 baths • 1580 sqft

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This property looks like a bad Airbnb investment with a projected -8.05% first-year return on $83,079 initial cash invested.

-8.05%

Cash On Cash

4.22%

Cap Rate

0.71

DSCR

$2,589

Rent

-$557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,589 income − $3,146 expenses = $557 out of pocket

Income$2,589Out of Pocket$557Mortgage P&I$1,54460%Property Taxes$24910%Insurance$1104%Management$38815%CapEx$1044%Maintenance$1044%Other$64725%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,079

Downpayment

20%

$61,980

Closing costs

1%

$3,099

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,589

Total Expenses

$3,146

Mortgage P&I

60%

$1,544

Property Taxes

10%

$249

Home Insurance

4%

$110

HOA

0%

$0

Property Management

15%

$388

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$647

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