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408 Berwick Ave, Temple Terrace, FL 33617

3 beds • 2 baths • 1530 sqft

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This property looks like a bad Airbnb investment with a projected -6.99% first-year return on $89,568 initial cash invested.

-6.99%

Cash On Cash

4.57%

Cap Rate

0.76

DSCR

$2,972

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,972 income − $3,494 expenses = $522 out of pocket

Income$2,972Out of Pocket$522Mortgage P&I$1,70157%Property Taxes$2448%Insurance$1224%Management$44615%CapEx$1194%Maintenance$1194%Other$74325%

Investment Breakdown

|

Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,568

Downpayment

20%

$68,160

Closing costs

1%

$3,408

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,972

Total Expenses

$3,494

Mortgage P&I

57%

$1,701

Property Taxes

8%

$244

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$743

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