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2104 Longleaf Cir, Lakeland, FL 33810

3 beds • 2 baths • 2501 sqft

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This property looks like a bad Airbnb investment with a projected -17.69% first-year return on $115k initial cash invested.

-17.69%

Cash On Cash

1.87%

Cap Rate

0.31

DSCR

$2,465

Rent

-$1,693

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,465 income − $4,158 expenses = $1,693 out of pocket

Income$2,465Out of Pocket$1,693Mortgage P&I$2,31494%Property Taxes$46519%Insurance$1637%HOA$321%Management$37015%CapEx$994%Maintenance$994%Other$61625%

Investment Breakdown

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Purchase Price

$461k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,240

Closing costs

1%

$4,612

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,465

Total Expenses

$4,158

Mortgage P&I

94%

$2,314

Property Taxes

19%

$465

Home Insurance

7%

$163

HOA

1%

$32

Property Management

15%

$370

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$616

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