REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1154 Kings Way Dr, Nokomis, FL 34275

3 beds • 3 baths • 2947 sqft

$1,325,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -25.39% first-year return on $296k initial cash invested.

-25.39%

Cash On Cash

0.42%

Cap Rate

0.07

DSCR

$3,445

Rent

-$6,268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,445 income − $9,713 expenses = $6,268 out of pocket

Income$3,445Out of Pocket$6,268Mortgage P&I$6,598192%Property Taxes$88326%Insurance$46413%HOA$1143%Management$51715%CapEx$1384%Maintenance$1384%Other$86125%

Investment Breakdown

|

Purchase Price

$1325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$296k

Downpayment

20%

$265k

Closing costs

1%

$13,250

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,445

Total Expenses

$9,713

Mortgage P&I

192%

$6,598

Property Taxes

26%

$883

Home Insurance

13%

$464

HOA

3%

$114

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$861

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis