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212 MAJESTIC GARDENS LANE, Winter Haven, FL 33880
3 beds • 2 baths • 1348 sqft
$289,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -13.42% first-year return on $78,690 initial cash invested.
-13.42%
Cash On Cash
3.03%
Cap Rate
0.48
DSCR
$2,069
Rent
-$880
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,069 income − $2,949 expenses = $880 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,069
Total Expenses
$2,949
Mortgage P&I
74%
$1,527
Property Taxes
14%
$299
Home Insurance
5%
$101
HOA
1%
$29
Property Management
15%
$310
CapEx
4%
$83
Vacancy
0%
$0
Maintenance
4%
$83
Other
25%
$517