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3260 N Shannon Lakes Dr, Tallahassee, FL 32309

3 beds • 3 baths • 2252 sqft

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This property looks like a bad Airbnb investment with a projected -12.53% first-year return on $143k initial cash invested.

-12.53%

Cash On Cash

3.05%

Cap Rate

0.53

DSCR

$3,687

Rent

-$1,493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,687

Total Expenses

$5,180

Mortgage P&I

77%

$2,856

Property Taxes

9%

$330

Home Insurance

6%

$208

HOA

0%

$17

Property Management

15%

$553

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$922

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