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3179 Hoylake Road, Lake Worth, FL 33467

4 beds • 3 baths • 2356 sqft

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This property looks like a bad Airbnb investment with a projected -12.15% first-year return on $179k initial cash invested.

-12.15%

Cash On Cash

3.06%

Cap Rate

0.54

DSCR

$4,638

Rent

-$1,810

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$737k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$147k

Closing costs

1%

$7,371

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$4,638

Total Expenses

$6,448

Mortgage P&I

75%

$3,501

Property Taxes

10%

$453

Home Insurance

6%

$266

HOA

0%

$0

Property Management

15%

$696

CapEx

4%

$186

Vacancy

0%

$0

Maintenance

4%

$186

Other

25%

$1,160

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3

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5

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2

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