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31 MEADOWLARK LANE, Placida, FL 33946

3 beds • 2 baths • 1793 sqft

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This property looks like a bad Airbnb investment with a projected -11.53% first-year return on $87,132 initial cash invested.

-11.53%

Cash On Cash

3.29%

Cap Rate

0.55

DSCR

$2,324

Rent

-$837

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,324 income − $3,161 expenses = $837 out of pocket

Income$2,324Out of Pocket$837Mortgage P&I$1,64771%Property Taxes$26411%Insurance$1225%HOA$121%Management$34915%CapEx$934%Maintenance$934%Other$58125%

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,132

Downpayment

20%

$65,840

Closing costs

1%

$3,292

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,324

Total Expenses

$3,161

Mortgage P&I

71%

$1,647

Property Taxes

11%

$264

Home Insurance

5%

$122

HOA

1%

$12

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$581

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