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11590 Creekside Drive, Boynton Beach, FL 33437

3 beds • 3 baths • 2411 sqft

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This property looks like a bad Airbnb investment with a projected -11.2% first-year return on $135k initial cash invested.

-11.2%

Cash On Cash

3.38%

Cap Rate

0.59

DSCR

$4,605

Rent

-$1,260

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$557k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$111k

Closing costs

1%

$5,571

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,605

Total Expenses

$5,865

Mortgage P&I

57%

$2,646

Property Taxes

6%

$268

Home Insurance

4%

$201

HOA

12%

$540

Property Management

15%

$691

CapEx

4%

$184

Vacancy

0%

$0

Maintenance

4%

$184

Other

25%

$1,151

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