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6593 LURAIS Drive, Lake Worth, FL 33463

3 beds • 3 baths • 1909 sqft

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This property looks like a bad Airbnb investment with a projected -13.67% first-year return on $117k initial cash invested.

-13.67%

Cash On Cash

3.63%

Cap Rate

0.55

DSCR

$3,929

Rent

-$1,330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,929 income − $5,259 expenses = $1,330 out of pocket

Income$3,929Out of Pocket$1,330Mortgage P&I$2,59766%Property Taxes$3068%Insurance$1664%HOA$3058%Management$58915%CapEx$1574%Maintenance$1574%Other$98225%

Investment Breakdown

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Purchase Price

$470k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,020

Closing costs

1%

$4,701

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,929

Total Expenses

$5,259

Mortgage P&I

66%

$2,597

Property Taxes

8%

$306

Home Insurance

4%

$166

HOA

8%

$305

Property Management

15%

$589

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$982

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