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504 Belmont St, Safety Harbor, FL 34695

3 beds • 2 baths • 1126 sqft

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This property looks like a bad Airbnb investment with a projected -8.44% first-year return on $92,991 initial cash invested.

-8.44%

Cash On Cash

4.22%

Cap Rate

0.7

DSCR

$3,188

Rent

-$654

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,188 income − $3,842 expenses = $654 out of pocket

Income$3,188Out of Pocket$654Mortgage P&I$1,78356%Property Taxes$40013%Insurance$1284%Management$47815%CapEx$1284%Maintenance$1284%Other$79725%

Investment Breakdown

|

Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,991

Downpayment

20%

$71,420

Closing costs

1%

$3,571

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,188

Total Expenses

$3,842

Mortgage P&I

56%

$1,783

Property Taxes

13%

$400

Home Insurance

4%

$128

HOA

0%

$0

Property Management

15%

$478

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$797

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