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2866 Waters Edge Circle, Greenacres, FL 33413

3 beds • 2 baths • 1784 sqft

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This property looks like a bad Airbnb investment with a projected -11.98% first-year return on $111k initial cash invested.

-11.98%

Cash On Cash

3.28%

Cap Rate

0.56

DSCR

$4,285

Rent

-$1,104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,285 income − $5,389 expenses = $1,104 out of pocket

Income$4,285Out of Pocket$1,104Mortgage P&I$2,13950%Property Taxes$68916%Insurance$1584%HOA$3478%Management$64315%CapEx$1714%Maintenance$1714%Other$1,07125%

Investment Breakdown

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Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,200

Closing costs

1%

$4,410

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,285

Total Expenses

$5,389

Mortgage P&I

50%

$2,139

Property Taxes

16%

$689

Home Insurance

4%

$158

HOA

8%

$347

Property Management

15%

$643

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,071

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