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1120 E Tropical Way, Plantation, FL 33317

3 beds • 2 baths • 2248 sqft

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This property looks like a bad Airbnb investment with a projected -13.61% first-year return on $196k initial cash invested.

-13.61%

Cash On Cash

2.91%

Cap Rate

0.51

DSCR

$6,228

Rent

-$2,225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$849k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$170k

Closing costs

1%

$8,487

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,228

Total Expenses

$8,453

Mortgage P&I

65%

$4,031

Property Taxes

18%

$1,123

Home Insurance

5%

$310

HOA

0%

$0

Property Management

15%

$934

CapEx

4%

$249

Vacancy

0%

$0

Maintenance

4%

$249

Other

25%

$1,557

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