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2551 NW 98th Terrace, Coral Springs, FL 33065

3 beds • 2 baths • 1403 sqft

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This property looks like a bad Airbnb investment with a projected -7.53% first-year return on $130k initial cash invested.

-7.53%

Cash On Cash

4.42%

Cap Rate

0.75

DSCR

$4,040

Rent

-$819

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,040 income − $4,859 expenses = $819 out of pocket

Income$4,040Out of Pocket$819Mortgage P&I$2,62865%Property Taxes$992%Insurance$1925%Management$60615%CapEx$1624%Maintenance$1624%Other$1,01025%

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,357

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,040

Total Expenses

$4,859

Mortgage P&I

65%

$2,628

Property Taxes

2%

$99

Home Insurance

5%

$192

HOA

0%

$0

Property Management

15%

$606

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,010

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