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302 Wildcat St, Lake Placid, FL 33852

3 beds • 2 baths • 2230 sqft

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This property looks like a bad Airbnb investment with a projected -24.84% first-year return on $82,617 initial cash invested.

-24.84%

Cash On Cash

-0.47%

Cap Rate

-0.08

DSCR

$608

Rent

-$1,710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$608 income − $2,318 expenses = $1,710 out of pocket

Income$608Out of Pocket$1,710Mortgage P&I$1,565257%Property Taxes$35058%Insurance$11218%Management$9115%CapEx$244%Maintenance$244%Other$15225%

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,617

Downpayment

20%

$61,540

Closing costs

1%

$3,077

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$608

Total Expenses

$2,318

Mortgage P&I

257%

$1,565

Property Taxes

58%

$350

Home Insurance

18%

$112

HOA

0%

$0

Property Management

15%

$91

CapEx

4%

$24

Vacancy

0%

$0

Maintenance

4%

$24

Other

25%

$152

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