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305 Saint Andrews Dr, Niceville, FL 32578

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -10.27% first-year return on $93,390 initial cash invested.

-10.27%

Cash On Cash

3.73%

Cap Rate

0.62

DSCR

$2,787

Rent

-$799

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,787 income − $3,586 expenses = $799 out of pocket

Income$2,787Out of Pocket$799Mortgage P&I$1,80565%Property Taxes$31811%Insurance$1265%Management$41815%CapEx$1114%Maintenance$1114%Other$69725%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,390

Downpayment

20%

$71,800

Closing costs

1%

$3,590

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,787

Total Expenses

$3,586

Mortgage P&I

65%

$1,805

Property Taxes

11%

$318

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$418

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$697

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