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1311 Riverbend Dr, Labelle, FL 33935

3 beds • 3 baths • 2693 sqft

$1,199,000

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This property looks like a bad Airbnb investment with a projected -31.08% first-year return on $270k initial cash invested.

-31.08%

Cash On Cash

-0.84%

Cap Rate

-0.14

DSCR

$1,986

Rent

-$6,987

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,986 income − $8,973 expenses = $6,987 out of pocket

Income$1,986Out of Pocket$6,987Mortgage P&I$6,071306%Property Taxes$1,20060%Insurance$42021%HOA$33017%Management$29815%CapEx$794%Maintenance$794%Other$49625%

Investment Breakdown

|

Purchase Price

$1199k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$11,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$1,986

Total Expenses

$8,973

Mortgage P&I

306%

$6,071

Property Taxes

60%

$1,200

Home Insurance

21%

$420

HOA

17%

$330

Property Management

15%

$298

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$496

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