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5220 Lake Venice Dr, Wimauma, FL 33598

3 beds • 3 baths • 3058 sqft

$1,242,900

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This property looks like a bad Airbnb investment with a projected -27.29% first-year return on $279k initial cash invested.

-27.29%

Cash On Cash

-0.07%

Cap Rate

-0.01

DSCR

$2,419

Rent

-$6,346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,419 income − $8,765 expenses = $6,346 out of pocket

Income$2,419Out of Pocket$6,346Mortgage P&I$6,176255%Property Taxes$74731%Insurance$45519%HOA$2259%Management$36315%CapEx$974%Maintenance$974%Other$60525%

Investment Breakdown

|

Purchase Price

$1243k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$279k

Downpayment

20%

$249k

Closing costs

1%

$12,429

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,419

Total Expenses

$8,765

Mortgage P&I

255%

$6,176

Property Taxes

31%

$747

Home Insurance

19%

$455

HOA

9%

$225

Property Management

15%

$363

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$605

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