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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 -6.65% first-year return on $123k initial cash invested.

-6.65%

Cash On Cash

4.61%

Cap Rate

0.79

DSCR

$3,986

Rent

-$682

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,986 income − $4,668 expenses = $682 out of pocket

Income$3,986Out of Pocket$682Mortgage P&I$2,44461%Property Taxes$1373%Insurance$1754%Management$59815%CapEx$1594%Maintenance$1594%Other$99625%

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

$3,986

Total Expenses

$4,668

Mortgage P&I

61%

$2,444

Property Taxes

3%

$137

Home Insurance

4%

$175

HOA

0%

$0

Property Management

15%

$598

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$996

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