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923 Park Dr, Tavares, FL 32778

3 beds • 3 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -7.97% first-year return on $90,954 initial cash invested.

-7.97%

Cash On Cash

4.07%

Cap Rate

0.7

DSCR

$2,768

Rent

-$604

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,768 income − $3,372 expenses = $604 out of pocket

Income$2,768Out of Pocket$604Mortgage P&I$1,67060%Property Taxes$2479%Insurance$1265%Management$41515%CapEx$1114%Maintenance$1114%Other$69225%

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,954

Downpayment

20%

$69,480

Closing costs

1%

$3,474

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,768

Total Expenses

$3,372

Mortgage P&I

60%

$1,670

Property Taxes

9%

$247

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$415

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$692

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