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6495 W 2nd Court, Hialeah, FL 33012

3 beds • 2 baths • 1178 sqft

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This property looks like a bad Airbnb investment with a projected -5.85% first-year return on $123k initial cash invested.

-5.85%

Cash On Cash

4.82%

Cap Rate

0.82

DSCR

$4,147

Rent

-$600

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,147 income − $4,747 expenses = $600 out of pocket

Income$4,147Out of Pocket$600Mortgage P&I$2,44459%Property Taxes$1373%Insurance$1754%Management$62215%CapEx$1664%Maintenance$1664%Other$1,03725%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,147

Total Expenses

$4,747

Mortgage P&I

59%

$2,444

Property Taxes

3%

$137

Home Insurance

4%

$175

HOA

0%

$0

Property Management

15%

$622

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,037

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