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16536 Del Palacio Court, Delray Beach, FL 33484

3 beds • 3 baths • 2551 sqft

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This property looks like a bad Airbnb investment with a projected -9.3% first-year return on $160k initial cash invested.

-9.3%

Cash On Cash

4.26%

Cap Rate

0.71

DSCR

$6,106

Rent

-$1,239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,106 income − $7,345 expenses = $1,239 out of pocket

Income$6,106Out of Pocket$1,239Mortgage P&I$3,39556%Property Taxes$3626%Insurance$2805%HOA$3786%Management$91615%CapEx$2444%Maintenance$2444%Other$1,52625%

Investment Breakdown

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Purchase Price

$676k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$135k

Closing costs

1%

$6,758

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,106

Total Expenses

$7,345

Mortgage P&I

56%

$3,395

Property Taxes

6%

$362

Home Insurance

5%

$280

HOA

6%

$378

Property Management

15%

$916

CapEx

4%

$244

Vacancy

0%

$0

Maintenance

4%

$244

Other

25%

$1,526

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