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4119 Sunny Land Dr, Lakeland, FL 33813

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Airbnb investment with a projected -3.13% first-year return on $82,554 initial cash invested.

-3.13%

Cash On Cash

5.71%

Cap Rate

0.95

DSCR

$3,381

Rent

-$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,381 income − $3,596 expenses = $215 out of pocket

Income$3,381Out of Pocket$215Mortgage P&I$1,54246%Property Taxes$3189%Insurance$1143%Management$50715%CapEx$1354%Maintenance$1354%Other$84525%

Investment Breakdown

|

Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,554

Downpayment

20%

$61,480

Closing costs

1%

$3,074

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,381

Total Expenses

$3,596

Mortgage P&I

46%

$1,542

Property Taxes

9%

$318

Home Insurance

3%

$114

HOA

0%

$0

Property Management

15%

$507

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$845

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