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2048 Champions Way #2048, Pompano Beach, FL 33068

beds • baths • sqft

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This property looks like a bad Airbnb investment with a projected -2.5% first-year return on $33,601 initial cash invested.

-2.5%

Cash On Cash

6.38%

Cap Rate

1.01

DSCR

$2,060

Rent

-$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,060 income − $2,130 expenses = $70 out of pocket

Income$2,060Out of Pocket$70Mortgage P&I$83841%Property Taxes$26413%Insurance$402%Management$30915%CapEx$824%Maintenance$824%Other$51525%

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,601

Downpayment

20%

$32,000

Closing costs

1%

$1,600

Rehab

0%

$0

Furnishing

0%

$1

Cashflow

Total Income

$2,060

Total Expenses

$2,130

Mortgage P&I

41%

$838

Property Taxes

13%

$264

Home Insurance

2%

$40

HOA

0%

$0

Property Management

15%

$309

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$515

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Living Well Tranquility King & Queen

$2,081

$114

2

1

0.67 mi

Whole House - Comfy and Cozy Old Gem. Owner onsite

$2,135

$117

2

1

0.27 mi

Cozy 2 bedroom home near FLL airport and shopping

$2,008

$110

2

1

0.3 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Projection Charts

Investment Value YoY

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