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510 Edgewood Bay Dr, Lakeview, AR 72642

3 beds • 3 baths • 2234 sqft

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This property looks like a bad Airbnb investment with a projected -6.63% first-year return on $84,150 initial cash invested.

-6.63%

Cash On Cash

4.64%

Cap Rate

0.77

DSCR

$2,509

Rent

-$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,509 income − $2,974 expenses = $465 out of pocket

Income$2,509Out of Pocket$465Mortgage P&I$1,58263%Property Taxes$753%Insurance$1145%Management$37615%CapEx$1004%Maintenance$1004%Other$62725%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,509

Total Expenses

$2,974

Mortgage P&I

63%

$1,582

Property Taxes

3%

$75

Home Insurance

5%

$114

HOA

0%

$0

Property Management

15%

$376

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$627

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