REI Lense

REI Lense

Unlock all features! Tap here to upgrade

22011 Palm Grass Drive, Boca Raton, FL 33428

3 beds • 3 baths • 2407 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.07% first-year return on $182k initial cash invested.

-21.07%

Cash On Cash

1.24%

Cap Rate

0.21

DSCR

$3,057

Rent

-$3,201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,057 income − $6,258 expenses = $3,201 out of pocket

Income$3,057Out of Pocket$3,201Mortgage P&I$3,887127%Property Taxes$46015%Insurance$2869%HOA$1585%Management$45915%CapEx$1224%Maintenance$1224%Other$76425%

Investment Breakdown

|

Purchase Price

$783k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$182k

Downpayment

20%

$157k

Closing costs

1%

$7,826

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,057

Total Expenses

$6,258

Mortgage P&I

127%

$3,887

Property Taxes

15%

$460

Home Insurance

9%

$286

HOA

5%

$158

Property Management

15%

$459

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$764

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis