REI Lense

REI Lense

Unlock all features! Tap here to upgrade

16536 Del Palacio Court, Delray Beach, FL 33484

3 beds • 3 baths • 2551 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.89% first-year return on $160k initial cash invested.

-8.89%

Cash On Cash

4.37%

Cap Rate

0.72

DSCR

$6,213

Rent

-$1,185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,213 income − $7,398 expenses = $1,185 out of pocket

Income$6,213Out of Pocket$1,185Mortgage P&I$3,39555%Property Taxes$3626%Insurance$2805%HOA$3786%Management$93215%CapEx$2494%Maintenance$2494%Other$1,55325%

Investment Breakdown

|

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

$6,213

Total Expenses

$7,398

Mortgage P&I

55%

$3,395

Property Taxes

6%

$362

Home Insurance

5%

$280

HOA

6%

$378

Property Management

15%

$932

CapEx

4%

$249

Vacancy

0%

$0

Maintenance

4%

$249

Other

25%

$1,553

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis