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390 Ariano Ave, Nokomis, FL 34275

3 beds • 3 baths • 2028 sqft

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This property looks like a bad Airbnb investment with a projected -24.68% first-year return on $147k initial cash invested.

-24.68%

Cash On Cash

-0.07%

Cap Rate

-0.01

DSCR

$1,744

Rent

-$3,025

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,744 income − $4,769 expenses = $3,025 out of pocket

Income$1,744Out of Pocket$3,025Mortgage P&I$2,920167%Property Taxes$59234%Insurance$22413%HOA$19511%Management$26215%CapEx$704%Maintenance$704%Other$43625%

Investment Breakdown

|

Purchase Price

$615k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,148

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,744

Total Expenses

$4,769

Mortgage P&I

167%

$2,920

Property Taxes

34%

$592

Home Insurance

13%

$224

HOA

11%

$195

Property Management

15%

$262

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$436

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