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6118 CARLA CIRCLE, Lakeland, FL 33811

3 beds • 2 baths • 1574 sqft

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This property looks like a bad Airbnb investment with a projected -15.12% first-year return on $107k initial cash invested.

-15.12%

Cash On Cash

3.14%

Cap Rate

0.47

DSCR

$2,847

Rent

-$1,351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,847 income − $4,198 expenses = $1,351 out of pocket

Income$2,847Out of Pocket$1,351Mortgage P&I$2,34882%Property Taxes$33412%Insurance$1495%Management$42715%CapEx$1144%Maintenance$1144%Other$71225%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,847

Total Expenses

$4,198

Mortgage P&I

82%

$2,348

Property Taxes

12%

$334

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$712

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