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838 Sherwood Dr, Lake Wales, FL 33898

3 beds • 2 baths • 1633 sqft

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This property looks like a bad Airbnb investment with a projected -5.46% first-year return on $70,500 initial cash invested.

-5.46%

Cash On Cash

4.71%

Cap Rate

0.81

DSCR

$2,330

Rent

-$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,330

Total Expenses

$2,651

Mortgage P&I

52%

$1,209

Property Taxes

9%

$214

Home Insurance

5%

$110

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

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