REI Lense

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5900 Bayou Grande Blvd NE, Saint Petersburg, FL 33703

3 beds • 2 baths • 1424 sqft

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This property looks like a bad Airbnb investment with a projected -11.36% first-year return on $127k initial cash invested.

-11.36%

Cash On Cash

3.35%

Cap Rate

0.58

DSCR

$3,626

Rent

-$1,199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$517k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$103k

Closing costs

1%

$5,174

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,626

Total Expenses

$4,825

Mortgage P&I

69%

$2,498

Property Taxes

11%

$395

Home Insurance

5%

$192

HOA

0%

$0

Property Management

15%

$544

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$906

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