REI Lense

REI Lense

Unlock all features! Tap here to upgrade

513 6th Avenue S, Lake Worth, FL 33460

3 beds • 2 baths • 1110 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.16% first-year return on $108k initial cash invested.

-9.16%

Cash On Cash

4.07%

Cap Rate

0.69

DSCR

$4,178

Rent

-$827

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,178 income − $5,005 expenses = $827 out of pocket

Income$4,178Out of Pocket$827Mortgage P&I$2,12051%Property Taxes$72317%Insurance$1574%Management$62715%CapEx$1674%Maintenance$1674%Other$1,04425%

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,080

Closing costs

1%

$4,304

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,178

Total Expenses

$5,005

Mortgage P&I

51%

$2,120

Property Taxes

17%

$723

Home Insurance

4%

$157

HOA

0%

$0

Property Management

15%

$627

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,044

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis