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113 McCoy Dr, Lake Placid, FL 33852

3 beds • 2 baths • 1506 sqft

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This property looks like a bad Airbnb investment with a projected -13.37% first-year return on $102k initial cash invested.

-13.37%

Cash On Cash

2.69%

Cap Rate

0.46

DSCR

$2,363

Rent

-$1,134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,363

Total Expenses

$3,497

Mortgage P&I

82%

$1,935

Property Taxes

12%

$287

Home Insurance

6%

$140

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$591

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