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507 Minnesota Ave, Lynn Haven, FL 32444

3 beds • 2 baths • 1759 sqft

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This property looks like a bad Airbnb investment with a projected -8.5% first-year return on $87,090 initial cash invested.

-8.5%

Cash On Cash

3.96%

Cap Rate

0.68

DSCR

$2,684

Rent

-$617

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,684

Total Expenses

$3,301

Mortgage P&I

59%

$1,596

Property Taxes

11%

$300

Home Insurance

4%

$117

HOA

0%

$0

Property Management

15%

$403

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$671

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