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7036 Proctor Rd, Tallahassee, FL 32309

3 beds • 3 baths • 2600 sqft

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This property looks like a bad Airbnb investment with a projected -7.62% first-year return on $159k initial cash invested.

-7.62%

Cash On Cash

5.25%

Cap Rate

0.8

DSCR

$6,405

Rent

-$1,010

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,405 income − $7,415 expenses = $1,010 out of pocket

Income$6,405Out of Pocket$1,010Mortgage P&I$3,69458%Property Taxes$4026%Insurance$2454%Management$96115%CapEx$2564%Maintenance$2564%Other$1,60125%

Investment Breakdown

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Purchase Price

$672k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$134k

Closing costs

1%

$6,719

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,405

Total Expenses

$7,415

Mortgage P&I

58%

$3,694

Property Taxes

6%

$402

Home Insurance

4%

$245

HOA

0%

$0

Property Management

15%

$961

CapEx

4%

$256

Vacancy

0%

$0

Maintenance

4%

$256

Other

25%

$1,601

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