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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 -9.27% first-year return on $87,090 initial cash invested.

-9.27%

Cash On Cash

3.74%

Cap Rate

0.64

DSCR

$2,577

Rent

-$673

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,577 income − $3,250 expenses = $673 out of pocket

Income$2,577Out of Pocket$673Mortgage P&I$1,59662%Property Taxes$30012%Insurance$1175%Management$38715%CapEx$1034%Maintenance$1034%Other$64425%

Investment Breakdown

|

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

$2,577

Total Expenses

$3,250

Mortgage P&I

62%

$1,596

Property Taxes

12%

$300

Home Insurance

5%

$117

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$644

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