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23452 Serene Meadow Drive S, Boca Raton, FL 33428
3 beds • 2 baths • 1877 sqft
$673,800
View on ZillowThis property looks like a bad Long-Term investment with a projected -11.48% first-year return on $141k initial cash invested.
-11.48%
Cash On Cash
4.04%
Cap Rate
0.66
DSCR
$4,089
Rent
-$1,354
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,089 income − $5,443 expenses = $1,354 out of pocket
Investment Breakdown
|
Purchase Price
$674k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$135k
Closing costs
1%
$6,738
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,089
Total Expenses
$5,443
Mortgage P&I
84%
$3,419
Property Taxes
12%
$483
Home Insurance
6%
$245
HOA
6%
$234
Property Management
10%
$409
CapEx
5%
$204
Vacancy
6%
$245
Maintenance
5%
$204
Other
0%
$0