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578 COURTNEY CHASE Drive, Saint Augustine, FL 32092

3 beds • 3 baths • 2096 sqft

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This property looks like a bad Airbnb investment with a projected -17.23% first-year return on $160k initial cash invested.

-17.23%

Cash On Cash

2.08%

Cap Rate

0.35

DSCR

$3,089

Rent

-$2,294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,089 income − $5,383 expenses = $2,294 out of pocket

Income$3,089Out of Pocket$2,294Mortgage P&I$3,342108%Property Taxes$1685%Insurance$2368%HOA$1545%Management$46315%CapEx$1244%Maintenance$1244%Other$77225%

Investment Breakdown

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Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$135k

Closing costs

1%

$6,750

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,089

Total Expenses

$5,383

Mortgage P&I

108%

$3,342

Property Taxes

5%

$168

Home Insurance

8%

$236

HOA

5%

$154

Property Management

15%

$463

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$772

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