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1554 Sarah St, Lake Wales, FL 33898

3 beds • 2 baths • 936 sqft

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This property looks like a bad Airbnb investment with a projected -0.54% first-year return on $46,560 initial cash invested.

-0.54%

Cash On Cash

6.56%

Cap Rate

1.07

DSCR

$1,725

Rent

-$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,725 income − $1,746 expenses = $21 out of pocket

Income$1,725Out of Pocket$21Mortgage P&I$69640%Property Taxes$1579%Insurance$654%Management$25915%CapEx$694%Maintenance$694%Other$43125%

Investment Breakdown

|

Purchase Price

$136k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,560

Downpayment

20%

$27,200

Closing costs

1%

$1,360

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,725

Total Expenses

$1,746

Mortgage P&I

40%

$696

Property Taxes

9%

$157

Home Insurance

4%

$65

HOA

0%

$0

Property Management

15%

$259

CapEx

4%

$69

Vacancy

0%

$0

Maintenance

4%

$69

Other

25%

$431

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