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1123 SE 14th Avenue, Deerfield Beach, FL 33441

3 beds • 3 baths • 2016 sqft

$1,034,200

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This property looks like a bad Airbnb investment with a projected -22.05% first-year return on $235k initial cash invested.

-22.05%

Cash On Cash

1.88%

Cap Rate

0.28

DSCR

$5,440

Rent

-$4,321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,440 income − $9,761 expenses = $4,321 out of pocket

Income$5,440Out of Pocket$4,321Mortgage P&I$5,719105%Property Taxes$99218%Insurance$4388%Management$81615%CapEx$2184%Maintenance$2184%Other$1,36025%

Investment Breakdown

|

Purchase Price

$1034k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$235k

Downpayment

20%

$207k

Closing costs

1%

$10,342

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,440

Total Expenses

$9,761

Mortgage P&I

105%

$5,719

Property Taxes

18%

$992

Home Insurance

8%

$438

HOA

0%

$0

Property Management

15%

$816

CapEx

4%

$218

Vacancy

0%

$0

Maintenance

4%

$218

Other

25%

$1,360

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