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23363 Water Circle, Boca Raton, FL 33486

3 beds • 2 baths • 1806 sqft

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This property looks like a bad Airbnb investment with a projected -22.02% first-year return on $158k initial cash invested.

-22.02%

Cash On Cash

1.62%

Cap Rate

0.25

DSCR

$4,364

Rent

-$2,893

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,364 income − $7,257 expenses = $2,893 out of pocket

Income$4,364Out of Pocket$2,893Mortgage P&I$3,61383%Property Taxes$70016%Insurance$2205%HOA$62814%Management$65515%CapEx$1754%Maintenance$1754%Other$1,09125%

Investment Breakdown

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Purchase Price

$665k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$133k

Closing costs

1%

$6,650

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,364

Total Expenses

$7,257

Mortgage P&I

83%

$3,613

Property Taxes

16%

$700

Home Insurance

5%

$220

HOA

14%

$628

Property Management

15%

$655

CapEx

4%

$175

Vacancy

0%

$0

Maintenance

4%

$175

Other

25%

$1,091

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