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$9,512 (target)

2350 NW 53RD Street, Boca Raton, FL 33496

3 beds • 3 baths • 2291 sqft

$1,532,200

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This property looks like a bad Mid-Term investment with a projected -27.83% first-year return on $340k initial cash invested.

-27.83%

Cash On Cash

0.24%

Cap Rate

0.04

DSCR

$9,512

Rent

-$7,881

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,512 income − $17,393 expenses = $7,881 out of pocket

Income$9,512Out of Pocket$7,881Mortgage P&I$7,81282%Property Taxes$8729%Insurance$5776%HOA$4,90052%Management$1,14112%CapEx$3804%Vacancy$2853%Maintenance$3804%Other$1,04611%

Investment Breakdown

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Purchase Price

$1532k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$340k

Downpayment

20%

$306k

Closing costs

1%

$15,322

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,512

Total Expenses

$17,393

Mortgage P&I

82%

$7,812

Property Taxes

9%

$872

Home Insurance

6%

$577

HOA

52%

$4,900

Property Management

12%

$1,141

CapEx

4%

$380

Vacancy

3%

$285

Maintenance

4%

$380

Other

11%

$1,046

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