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609 1st Ave NW, Ruskin, FL 33570

3 beds • 2 baths • 1450 sqft

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This property looks like a bad Airbnb investment with a projected -8.14% first-year return on $78,900 initial cash invested.

-8.14%

Cash On Cash

4.1%

Cap Rate

0.69

DSCR

$2,159

Rent

-$535

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,159 income − $2,694 expenses = $535 out of pocket

Income$2,159Out of Pocket$535Mortgage P&I$1,44167%Property Taxes$1155%Insurance$1025%Management$32415%CapEx$864%Maintenance$864%Other$54025%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,159

Total Expenses

$2,694

Mortgage P&I

67%

$1,441

Property Taxes

5%

$115

Home Insurance

5%

$102

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$540

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