REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

4669 Highlands Place Dr, Lakeland, FL 33813

3 beds • 2 baths • 2001 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.09% first-year return on $105k initial cash invested.

-11.09%

Cash On Cash

3.4%

Cap Rate

0.58

DSCR

$3,307

Rent

-$972

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,980

Closing costs

1%

$4,149

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,307

Total Expenses

$4,279

Mortgage P&I

61%

$2,017

Property Taxes

15%

$485

Home Insurance

4%

$145

HOA

1%

$45

Property Management

15%

$496

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$827

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis