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1002 S K Street, Lake Worth, FL 33460

2 beds • 1 baths • 910 sqft

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This property looks like a bad Airbnb investment with a projected -14% first-year return on $93,270 initial cash invested.

-14%

Cash On Cash

2.85%

Cap Rate

0.49

DSCR

$2,899

Rent

-$1,088

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,270

Downpayment

20%

$77,400

Closing costs

1%

$3,870

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$2,899

Total Expenses

$3,987

Mortgage P&I

65%

$1,890

Property Taxes

19%

$558

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$435

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$725

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