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908 Lake Jessie Dr, Winter Haven, FL 33881

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Airbnb investment with a projected -10.44% first-year return on $82,092 initial cash invested.

-10.44%

Cash On Cash

3.63%

Cap Rate

0.6

DSCR

$2,424

Rent

-$714

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,424 income − $3,138 expenses = $714 out of pocket

Income$2,424Out of Pocket$714Mortgage P&I$1,54064%Property Taxes$32613%Insurance$1084%Management$36415%CapEx$974%Maintenance$974%Other$60625%

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,092

Downpayment

20%

$61,040

Closing costs

1%

$3,052

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,424

Total Expenses

$3,138

Mortgage P&I

64%

$1,540

Property Taxes

13%

$326

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

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