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$6,213 (target)

22977 SW 56TH Avenue, Boca Raton, FL 33433

3 beds • 2 baths • 1848 sqft

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This property might be a fair Mid-Term investment with a projected 0.93% first-year return on $144k initial cash invested.

0.93%

Cash On Cash

7.31%

Cap Rate

1.11

DSCR

$6,213

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,213 income − $6,102 expenses = $111 cash flow

Income$6,213Mortgage P&I$3,28253%Property Taxes$3986%Insurance$2194%HOA$901%Management$74612%CapEx$2494%Vacancy$1863%Maintenance$2494%Other$68311%Cash Flow$111

Investment Breakdown

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Purchase Price

$598k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,978

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,213

Total Expenses

$6,102

Mortgage P&I

53%

$3,282

Property Taxes

6%

$398

Home Insurance

4%

$219

HOA

1%

$90

Property Management

12%

$746

CapEx

4%

$249

Vacancy

3%

$186

Maintenance

4%

$249

Other

11%

$683

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