REI Lense

REI Lense

Unlock all features! Tap here to upgrade

531 Lakemont Ave NW, Pt Charlotte, FL 33952

3 beds • 2 baths • 1205 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.72% first-year return on $65,124 initial cash invested.

-8.72%

Cash On Cash

3.87%

Cap Rate

0.65

DSCR

$2,177

Rent

-$473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,177 income − $2,650 expenses = $473 out of pocket

Income$2,177Out of Pocket$473Mortgage P&I$1,11051%Property Taxes$40218%Insurance$934%Management$32715%CapEx$874%Maintenance$874%Other$54425%

Investment Breakdown

|

Purchase Price

$224k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,124

Downpayment

20%

$44,880

Closing costs

1%

$2,244

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,177

Total Expenses

$2,650

Mortgage P&I

51%

$1,110

Property Taxes

18%

$402

Home Insurance

4%

$93

HOA

0%

$0

Property Management

15%

$327

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$544

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis