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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 -11.19% first-year return on $144k initial cash invested.

-11.19%

Cash On Cash

3.84%

Cap Rate

0.63

DSCR

$5,075

Rent

-$1,342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,075 income − $6,417 expenses = $1,342 out of pocket

Income$5,075Out of Pocket$1,342Mortgage P&I$3,05960%Property Taxes$70214%Insurance$2204%Management$76115%CapEx$2034%Maintenance$2034%Other$1,26925%

Investment Breakdown

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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

$5,075

Total Expenses

$6,417

Mortgage P&I

60%

$3,059

Property Taxes

14%

$702

Home Insurance

4%

$220

HOA

0%

$0

Property Management

15%

$761

CapEx

4%

$203

Vacancy

0%

$0

Maintenance

4%

$203

Other

25%

$1,269

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