REI Lense

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$6,788 (target)

165 SHERWOOD FOREST Drive, Delray Beach, FL 33445

3 beds • 2 baths • 1554 sqft

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This property looks like a bad Mid-Term investment with a projected -3.02% first-year return on $159k initial cash invested.

-3.02%

Cash On Cash

6.11%

Cap Rate

0.96

DSCR

$6,788

Rent

-$399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,788 income − $7,187 expenses = $399 out of pocket

Income$6,788Out of Pocket$399Mortgage P&I$3,53852%Property Taxes$74411%Insurance$2624%HOA$3335%Management$81512%CapEx$2724%Vacancy$2043%Maintenance$2724%Other$74711%

Investment Breakdown

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Purchase Price

$670k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$134k

Closing costs

1%

$6,699

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,788

Total Expenses

$7,187

Mortgage P&I

52%

$3,538

Property Taxes

11%

$744

Home Insurance

4%

$262

HOA

5%

$333

Property Management

12%

$815

CapEx

4%

$272

Vacancy

3%

$204

Maintenance

4%

$272

Other

11%

$747

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