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1224 Lake Breeze Drive, Wellington, FL 33414

3 beds • 2 baths • 2028 sqft

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This property looks like a bad Airbnb investment with a projected -10.98% first-year return on $160k initial cash invested.

-10.98%

Cash On Cash

3.53%

Cap Rate

0.61

DSCR

$4,709

Rent

-$1,461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,709 income − $6,170 expenses = $1,461 out of pocket

Income$4,709Out of Pocket$1,461Mortgage P&I$3,26169%Property Taxes$3548%Insurance$2365%HOA$601%Management$70615%CapEx$1884%Maintenance$1884%Other$1,17725%

Investment Breakdown

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Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$135k

Closing costs

1%

$6,749

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,709

Total Expenses

$6,170

Mortgage P&I

69%

$3,261

Property Taxes

8%

$354

Home Insurance

5%

$236

HOA

1%

$60

Property Management

15%

$706

CapEx

4%

$188

Vacancy

0%

$0

Maintenance

4%

$188

Other

25%

$1,177

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