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2260 NW 40th Terrace, Coconut Creek, FL 33066

3 beds • 2 baths • 1890 sqft

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This property looks like a bad Airbnb investment with a projected -15.41% first-year return on $127k initial cash invested.

-15.41%

Cash On Cash

2.41%

Cap Rate

0.41

DSCR

$3,938

Rent

-$1,627

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,938 income − $5,565 expenses = $1,627 out of pocket

Income$3,938Out of Pocket$1,627Mortgage P&I$2,51064%Property Taxes$85122%Insurance$1875%HOA$1263%Management$59115%CapEx$1584%Maintenance$1584%Other$98425%

Investment Breakdown

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Purchase Price

$518k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,175

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,938

Total Expenses

$5,565

Mortgage P&I

64%

$2,510

Property Taxes

22%

$851

Home Insurance

5%

$187

HOA

3%

$126

Property Management

15%

$591

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$984

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