REI Lense

REI Lense

Unlock all features! Tap here to upgrade

302 Wildcat St, Lake Placid, FL 33852

3 beds • 2 baths • 2230 sqft

Email

This property looks like a bad Airbnb investment with a projected -20% first-year return on $82,617 initial cash invested.

-20%

Cash On Cash

0.93%

Cap Rate

0.15

DSCR

$1,251

Rent

-$1,377

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,251 income − $2,628 expenses = $1,377 out of pocket

Income$1,251Out of Pocket$1,377Mortgage P&I$1,565125%Property Taxes$35028%Insurance$1129%Management$18815%CapEx$504%Maintenance$504%Other$31325%

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

$1,251

Total Expenses

$2,628

Mortgage P&I

125%

$1,565

Property Taxes

28%

$350

Home Insurance

9%

$112

HOA

0%

$0

Property Management

15%

$188

CapEx

4%

$50

Vacancy

0%

$0

Maintenance

4%

$50

Other

25%

$313

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis