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5784 LACAR WAY, Lakeland, FL 33805

3 beds • 2 baths • 1516 sqft

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This property looks like a bad Airbnb investment with a projected -13.7% first-year return on $75,834 initial cash invested.

-13.7%

Cash On Cash

2.82%

Cap Rate

0.45

DSCR

$2,122

Rent

-$866

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,122 income − $2,988 expenses = $866 out of pocket

Income$2,122Out of Pocket$866Mortgage P&I$1,42867%Property Taxes$30214%Insurance$985%HOA$1427%Management$31815%CapEx$854%Maintenance$854%Other$53025%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,834

Downpayment

20%

$55,080

Closing costs

1%

$2,754

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,122

Total Expenses

$2,988

Mortgage P&I

67%

$1,428

Property Taxes

14%

$302

Home Insurance

5%

$98

HOA

7%

$142

Property Management

15%

$318

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$530

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