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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 -17.33% first-year return on $115k initial cash invested.

-17.33%

Cash On Cash

1.97%

Cap Rate

0.33

DSCR

$2,528

Rent

-$1,659

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,528 income − $4,187 expenses = $1,659 out of pocket

Income$2,528Out of Pocket$1,659Mortgage P&I$2,31492%Property Taxes$46518%Insurance$1636%HOA$321%Management$37915%CapEx$1014%Maintenance$1014%Other$63225%

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

$2,528

Total Expenses

$4,187

Mortgage P&I

92%

$2,314

Property Taxes

18%

$465

Home Insurance

6%

$163

HOA

1%

$32

Property Management

15%

$379

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$632

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