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806 Minnesota Street, Lantana, FL 33462

3 beds • 3 baths • 2258 sqft

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This property looks like a bad Airbnb investment with a projected -11.12% first-year return on $119k initial cash invested.

-11.12%

Cash On Cash

3.79%

Cap Rate

0.62

DSCR

$4,198

Rent

-$1,107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,198 income − $5,305 expenses = $1,107 out of pocket

Income$4,198Out of Pocket$1,107Mortgage P&I$2,46459%Property Taxes$65116%Insurance$1744%Management$63015%CapEx$1684%Maintenance$1684%Other$1,05025%

Investment Breakdown

|

Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,640

Closing costs

1%

$4,832

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,198

Total Expenses

$5,305

Mortgage P&I

59%

$2,464

Property Taxes

16%

$651

Home Insurance

4%

$174

HOA

0%

$0

Property Management

15%

$630

CapEx

4%

$168

Vacancy

0%

$0

Maintenance

4%

$168

Other

25%

$1,050

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