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4378 Dinner Lake Blvd, Lake Wales, FL 33859

3 beds • 2 baths • 1770 sqft

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This property looks like a bad Airbnb investment with a projected -17.78% first-year return on $84,696 initial cash invested.

-17.78%

Cash On Cash

1.41%

Cap Rate

0.24

DSCR

$1,726

Rent

-$1,255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,726 income − $2,981 expenses = $1,255 out of pocket

Income$1,726Out of Pocket$1,255Mortgage P&I$1,55890%Property Taxes$42024%Insurance$1147%HOA$603%Management$25915%CapEx$694%Maintenance$694%Other$43225%

Investment Breakdown

|

Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,696

Downpayment

20%

$63,520

Closing costs

1%

$3,176

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,726

Total Expenses

$2,981

Mortgage P&I

90%

$1,558

Property Taxes

24%

$420

Home Insurance

7%

$114

HOA

3%

$60

Property Management

15%

$259

CapEx

4%

$69

Vacancy

0%

$0

Maintenance

4%

$69

Other

25%

$432

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