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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 -16.33% first-year return on $137k initial cash invested.

-16.33%

Cash On Cash

2.08%

Cap Rate

0.36

DSCR

$2,792

Rent

-$1,862

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,792 income − $4,654 expenses = $1,862 out of pocket

Income$2,792Out of Pocket$1,862Mortgage P&I$2,73198%Property Taxes$2549%Insurance$2037%HOA$1254%Management$41915%CapEx$1124%Maintenance$1124%Other$69825%

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

$2,792

Total Expenses

$4,654

Mortgage P&I

98%

$2,731

Property Taxes

9%

$254

Home Insurance

7%

$203

HOA

4%

$125

Property Management

15%

$419

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$698

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