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1028 S Lake Mariam Dr, Winter Haven, FL 33884

3 beds • 3 baths • 3255 sqft

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This property looks like a bad Airbnb investment with a projected -19.42% first-year return on $197k initial cash invested.

-19.42%

Cash On Cash

1.54%

Cap Rate

0.26

DSCR

$3,380

Rent

-$3,180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,380

Total Expenses

$6,560

Mortgage P&I

122%

$4,139

Property Taxes

14%

$476

Home Insurance

9%

$298

HOA

1%

$25

Property Management

15%

$507

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$845

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