2521 S Coral Trace Circle, Delray Beach, FL 33445
3 beds • 3 baths • 1632 sqft
$484,800
View on ZillowThis property looks like a bad Mid-Term investment with a projected -5.54% first-year return on $120k initial cash invested.
-5.54%
Cash On Cash
5.73%
Cap Rate
0.87
DSCR
$4,971
Rent
-$553
Cashflow
Cash Flow
$4,971 income − $5,524 expenses = $553 out of pocket
Investment Breakdown
|
Purchase Price
$485k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$96,960
Closing costs
1%
$4,848
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,971
Total Expenses
$5,524
Mortgage P&I
54%
$2,670
Property Taxes
12%
$584
Home Insurance
4%
$175
HOA
8%
$404
Property Management
12%
$597
CapEx
4%
$199
Vacancy
3%
$149
Maintenance
4%
$199
Other
11%
$547