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$5,935 (target)

20195 Back 9 Drive, Boca Raton, FL 33498

3 beds • 2 baths • 2304 sqft

$1,122,800

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This property looks like a bad Long-Term investment with a projected -14.03% first-year return on $236k initial cash invested.

-14.03%

Cash On Cash

3.45%

Cap Rate

0.57

DSCR

$5,935

Rent

-$2,756

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,935 income − $8,691 expenses = $2,756 out of pocket

Income$5,935Out of Pocket$2,756Mortgage P&I$5,68596%Property Taxes$76413%Insurance$4187%HOA$2805%Management$59410%CapEx$2975%Vacancy$3566%Maintenance$2975%

Investment Breakdown

|

Purchase Price

$1123k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$236k

Downpayment

20%

$225k

Closing costs

1%

$11,228

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,935

Total Expenses

$8,691

Mortgage P&I

96%

$5,685

Property Taxes

13%

$764

Home Insurance

7%

$418

HOA

5%

$280

Property Management

10%

$594

CapEx

5%

$297

Vacancy

6%

$356

Maintenance

5%

$297

Other

0%

$0

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