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8335 Adele Rd, Lakeland, FL 33810

3 beds • 3 baths • 1861 sqft

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This property looks like a bad Airbnb investment with a projected -7.17% first-year return on $89,673 initial cash invested.

-7.17%

Cash On Cash

4.57%

Cap Rate

0.76

DSCR

$3,115

Rent

-$536

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,115 income − $3,651 expenses = $536 out of pocket

Income$3,115Out of Pocket$536Mortgage P&I$1,71155%Property Taxes$29610%Insurance$1214%HOA$271%Management$46715%CapEx$1254%Maintenance$1254%Other$77925%

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,673

Downpayment

20%

$68,260

Closing costs

1%

$3,413

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,115

Total Expenses

$3,651

Mortgage P&I

55%

$1,711

Property Taxes

10%

$296

Home Insurance

4%

$121

HOA

1%

$27

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

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