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1639 Spring Lake Rd, Fruitland Park, FL 34731

3 beds • 2 baths • 1455 sqft

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This property looks like a bad Airbnb investment with a projected -5.02% first-year return on $80,580 initial cash invested.

-5.02%

Cash On Cash

4.92%

Cap Rate

0.84

DSCR

$2,548

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,548 income − $2,885 expenses = $337 out of pocket

Income$2,548Out of Pocket$337Mortgage P&I$1,45757%Property Taxes$1014%Insurance$1044%Management$38215%CapEx$1024%Maintenance$1024%Other$63725%

Investment Breakdown

|

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,580

Downpayment

20%

$59,600

Closing costs

1%

$2,980

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,548

Total Expenses

$2,885

Mortgage P&I

57%

$1,457

Property Taxes

4%

$101

Home Insurance

4%

$104

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$637

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