REI Lense

REI Lense

Unlock all features! Tap here to upgrade

5814 Ithaca Cir E, Lake Worth, FL 33463

3 beds • 2 baths • 1418 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.5% first-year return on $114k initial cash invested.

-8.5%

Cash On Cash

4.29%

Cap Rate

0.72

DSCR

$4,124

Rent

-$808

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,124 income − $4,932 expenses = $808 out of pocket

Income$4,124Out of Pocket$808Mortgage P&I$2,27955%Property Taxes$46511%Insurance$1634%HOA$451%Management$61915%CapEx$1654%Maintenance$1654%Other$1,03125%

Investment Breakdown

|

Purchase Price

$457k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,480

Closing costs

1%

$4,574

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,124

Total Expenses

$4,932

Mortgage P&I

55%

$2,279

Property Taxes

11%

$465

Home Insurance

4%

$163

HOA

1%

$45

Property Management

15%

$619

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,031

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis