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508 Shade St, Panama City, FL 32404

3 beds • 2 baths • 1392 sqft

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This property might be a fair Airbnb investment with a projected 2.96% first-year return on $63,591 initial cash invested.

2.96%

Cash On Cash

7.56%

Cap Rate

1.24

DSCR

$2,698

Rent

$157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,591

Downpayment

20%

$43,420

Closing costs

1%

$2,171

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,698

Total Expenses

$2,541

Mortgage P&I

41%

$1,102

Property Taxes

2%

$64

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$674

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