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802 Johnson Ave, Lakeland, FL 33801

2 beds • 2 baths • 1470 sqft

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This property looks like a bad Airbnb investment with a projected -16.07% first-year return on $103k initial cash invested.

-16.07%

Cash On Cash

2.32%

Cap Rate

0.4

DSCR

$2,496

Rent

-$1,382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$86,840

Closing costs

1%

$4,342

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$2,496

Total Expenses

$3,878

Mortgage P&I

85%

$2,120

Property Taxes

16%

$402

Home Insurance

6%

$158

HOA

0%

$0

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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