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569 Reggie Rd, Lake Wales, FL 33859

4 beds • 3 baths • 1933 sqft

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This property looks like a bad Airbnb investment with a projected -12.46% first-year return on $91,200 initial cash invested.

-12.46%

Cash On Cash

2.74%

Cap Rate

0.46

DSCR

$2,496

Rent

-$947

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$2,496

Total Expenses

$3,443

Mortgage P&I

63%

$1,577

Property Taxes

22%

$540

Home Insurance

4%

$112

HOA

1%

$16

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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