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70 WATER Street, Saint Augustine, FL 32084

3 beds • 3 baths • 3053 sqft

$1,689,200

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This property looks like a bad Airbnb investment with a projected -24.13% first-year return on $373k initial cash invested.

-24.13%

Cash On Cash

0.83%

Cap Rate

0.14

DSCR

$5,441

Rent

-$7,495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1689k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$373k

Downpayment

20%

$338k

Closing costs

1%

$16,892

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,441

Total Expenses

$12,936

Mortgage P&I

155%

$8,449

Property Taxes

20%

$1,070

Home Insurance

15%

$805

HOA

0%

$0

Property Management

15%

$816

CapEx

4%

$218

Vacancy

0%

$0

Maintenance

4%

$218

Other

25%

$1,360

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