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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 -9.4% first-year return on $79,005 initial cash invested.

-9.4%

Cash On Cash

3.96%

Cap Rate

0.64

DSCR

$2,061

Rent

-$619

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,061 income − $2,680 expenses = $619 out of pocket

Income$2,061Out of Pocket$619Mortgage P&I$1,49673%Property Taxes$1025%Insurance$945%Management$30915%CapEx$824%Maintenance$824%Other$51525%

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

$2,061

Total Expenses

$2,680

Mortgage P&I

73%

$1,496

Property Taxes

5%

$102

Home Insurance

5%

$94

HOA

0%

$0

Property Management

15%

$309

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$515

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