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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 -10.27% first-year return on $119k initial cash invested.

-10.27%

Cash On Cash

4.01%

Cap Rate

0.66

DSCR

$4,359

Rent

-$1,022

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,359 income − $5,381 expenses = $1,022 out of pocket

Income$4,359Out of Pocket$1,022Mortgage P&I$2,46457%Property Taxes$65115%Insurance$1744%Management$65415%CapEx$1744%Maintenance$1744%Other$1,09025%

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

$4,359

Total Expenses

$5,381

Mortgage P&I

57%

$2,464

Property Taxes

15%

$651

Home Insurance

4%

$174

HOA

0%

$0

Property Management

15%

$654

CapEx

4%

$174

Vacancy

0%

$0

Maintenance

4%

$174

Other

25%

$1,090

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