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2355 NE 4TH Street, Pompano Beach, FL 33062

3 beds • 3 baths • 1219 sqft

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This property looks like a bad Airbnb investment with a projected -10.81% first-year return on $144k initial cash invested.

-10.81%

Cash On Cash

3.94%

Cap Rate

0.64

DSCR

$5,165

Rent

-$1,296

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,165 income − $6,461 expenses = $1,296 out of pocket

Income$5,165Out of Pocket$1,296Mortgage P&I$3,05959%Property Taxes$70214%Insurance$2204%Management$77515%CapEx$2074%Maintenance$2074%Other$1,29125%

Investment Breakdown

|

Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,994

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,165

Total Expenses

$6,461

Mortgage P&I

59%

$3,059

Property Taxes

14%

$702

Home Insurance

4%

$220

HOA

0%

$0

Property Management

15%

$775

CapEx

4%

$207

Vacancy

0%

$0

Maintenance

4%

$207

Other

25%

$1,291

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