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513 6th Avenue S, Lake Worth, FL 33460

3 beds • 2 baths • 1110 sqft

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This property looks like a bad Airbnb investment with a projected -10.03% first-year return on $108k initial cash invested.

-10.03%

Cash On Cash

3.83%

Cap Rate

0.65

DSCR

$4,027

Rent

-$906

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,027 income − $4,933 expenses = $906 out of pocket

Income$4,027Out of Pocket$906Mortgage P&I$2,12053%Property Taxes$72318%Insurance$1574%Management$60415%CapEx$1614%Maintenance$1614%Other$1,00725%

Investment Breakdown

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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

$4,027

Total Expenses

$4,933

Mortgage P&I

53%

$2,120

Property Taxes

18%

$723

Home Insurance

4%

$157

HOA

0%

$0

Property Management

15%

$604

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,007

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