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5813 NW 23RD TERRACE #ABCD, Gainesville, FL 32653
8 beds • 4 baths • 3600 sqft • 4 units
$450,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -3.54% first-year return on $143k initial cash invested.
-3.54%
Cash On Cash
5.45%
Cap Rate
0.89
DSCR
$4,432
Rent
-$420
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,432 income − $4,852 expenses = $420 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$143k
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
11%
$48,000
Cashflow
Total Income
$4,432
Total Expenses
$4,852
Mortgage P&I
52%
$2,288
Property Taxes
4%
$196
Home Insurance
4%
$158
HOA
2%
$83
Property Management
15%
$665
CapEx
4%
$177
Vacancy
0%
$0
Maintenance
4%
$177
Other
25%
$1,108
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Cozy 2 Bedroom Condo + Pull out in Gainesville FL | $1,799 | $102 | 2 | 1.5 | 0.58 mi |
Cozy Private Guest Suite | $1,358 | $77 | 1 | 1 | 0.43 mi |
Wake Up Birdie, Birdie, - II | $547 | $31 | 1 | 1 | 0.48 mi |
Wake Up Birdie, Birdie, - I | $459 | $26 | 1 | 1 | 0.53 mi |
104 W Rancho Del Cerro | $2,500 | $250 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality