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490 Wekiva Cove Rd, Longwood, FL 32779

3 beds • 2 baths • 2335 sqft

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This property looks like a bad Airbnb investment with a projected -13.09% first-year return on $137k initial cash invested.

-13.09%

Cash On Cash

2.92%

Cap Rate

0.5

DSCR

$3,500

Rent

-$1,493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,500 income − $4,993 expenses = $1,493 out of pocket

Income$3,500Out of Pocket$1,493Mortgage P&I$2,73178%Property Taxes$2547%Insurance$2036%HOA$1254%Management$52515%CapEx$1404%Maintenance$1404%Other$87525%

Investment Breakdown

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Purchase Price

$566k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,658

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,500

Total Expenses

$4,993

Mortgage P&I

78%

$2,731

Property Taxes

7%

$254

Home Insurance

6%

$203

HOA

4%

$125

Property Management

15%

$525

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$875

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