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 -9.41% first-year return on $103k initial cash invested.

-9.41%

Cash On Cash

3.85%

Cap Rate

0.66

DSCR

$3,151

Rent

-$804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,151 income − $3,955 expenses = $804 out of pocket

Income$3,151Out of Pocket$804Mortgage P&I$1,97063%Property Taxes$32310%Insurance$1495%Management$47315%CapEx$1264%Maintenance$1264%Other$78825%

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

$3,151

Total Expenses

$3,955

Mortgage P&I

63%

$1,970

Property Taxes

10%

$323

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$473

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$788

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis