REI Lense

REI Lense

Unlock all features! Tap here to upgrade

112 Lime Rd NE, Lake Placid, FL 33852

3 beds • 2 baths • 1386 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.52% first-year return on $103k initial cash invested.

-13.52%

Cash On Cash

2.72%

Cap Rate

0.46

DSCR

$2,473

Rent

-$1,156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,473 income − $3,629 expenses = $1,156 out of pocket

Income$2,473Out of Pocket$1,156Mortgage P&I$1,97080%Property Taxes$32313%Insurance$1496%Management$37115%CapEx$994%Maintenance$994%Other$61825%

Investment Breakdown

|

Purchase Price

$403k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,540

Closing costs

1%

$4,027

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,473

Total Expenses

$3,629

Mortgage P&I

80%

$1,970

Property Taxes

13%

$323

Home Insurance

6%

$149

HOA

0%

$0

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$618

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis