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22011 Palm Grass Drive, Boca Raton, FL 33428

3 beds • 3 baths • 2407 sqft

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This property looks like a bad Airbnb investment with a projected -21.14% first-year return on $182k initial cash invested.

-21.14%

Cash On Cash

1.22%

Cap Rate

0.21

DSCR

$3,039

Rent

-$3,212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,039 income − $6,251 expenses = $3,212 out of pocket

Income$3,039Out of Pocket$3,212Mortgage P&I$3,887128%Property Taxes$46015%Insurance$2869%HOA$1585%Management$45615%CapEx$1224%Maintenance$1224%Other$76025%

Investment Breakdown

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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

$3,039

Total Expenses

$6,251

Mortgage P&I

128%

$3,887

Property Taxes

15%

$460

Home Insurance

9%

$286

HOA

5%

$158

Property Management

15%

$456

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$760

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