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3919 Ereno Ct, Panama City, FL 32405

3 beds • 2 baths • 1388 sqft

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This property looks like a bad Airbnb investment with a projected -8.43% first-year return on $79,005 initial cash invested.

-8.43%

Cash On Cash

4.25%

Cap Rate

0.69

DSCR

$2,188

Rent

-$555

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,188 income − $2,743 expenses = $555 out of pocket

Income$2,188Out of Pocket$555Mortgage P&I$1,49668%Property Taxes$1025%Insurance$944%Management$32815%CapEx$884%Maintenance$884%Other$54725%

Investment Breakdown

|

Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,005

Downpayment

20%

$58,100

Closing costs

1%

$2,905

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,188

Total Expenses

$2,743

Mortgage P&I

68%

$1,496

Property Taxes

5%

$102

Home Insurance

4%

$94

HOA

0%

$0

Property Management

15%

$328

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$547

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