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16229 CASTLE PARK TERRACE, Lakewood Ranch, FL 34202
3 beds • 4 baths • 2733 sqft
$956,100
View on ZillowThis property looks like a bad Airbnb investment with a projected -32.98% first-year return on $219k initial cash invested.
-32.98%
Cash On Cash
-0.91%
Cap Rate
-0.14
DSCR
$1,931
Rent
-$6,013
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,931 income − $7,944 expenses = $6,013 out of pocket
Investment Breakdown
|
Purchase Price
$956k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$219k
Downpayment
20%
$191k
Closing costs
1%
$9,561
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,931
Total Expenses
$7,944
Mortgage P&I
270%
$5,211
Property Taxes
47%
$907
Home Insurance
18%
$350
HOA
28%
$549
Property Management
15%
$290
CapEx
4%
$77
Vacancy
0%
$0
Maintenance
4%
$77
Other
25%
$483