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4227 HARRISBURG STREET NE, Saint Petersburg, FL 33703

3 beds • 2 baths • 1164 sqft

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This property looks like a bad Airbnb investment with a projected -10.28% first-year return on $101k initial cash invested.

-10.28%

Cash On Cash

3.84%

Cap Rate

0.63

DSCR

$3,132

Rent

-$865

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,132 income − $3,997 expenses = $865 out of pocket

Income$3,132Out of Pocket$865Mortgage P&I$2,00664%Property Taxes$34811%Insurance$1404%Management$47015%CapEx$1254%Maintenance$1254%Other$78325%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,040

Closing costs

1%

$3,952

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,132

Total Expenses

$3,997

Mortgage P&I

64%

$2,006

Property Taxes

11%

$348

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$470

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$783

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Waterfront Retreat in ShoreAcres

$9,415

$584

3

2

0.54 mi

Open Water Furnished 3/3 - Pool Jacuzzi & Firepit

$8,576

$532

3

3

0.59 mi

Waterfront Luxury Oasis in St. Petersburg

$6,884

$427

3

2

0.08 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Projection Charts

Investment Value YoY

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