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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 -14.44% first-year return on $111k initial cash invested.

-14.44%

Cash On Cash

2.62%

Cap Rate

0.45

DSCR

$3,850

Rent

-$1,331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,850 income − $5,181 expenses = $1,331 out of pocket

Income$3,850Out of Pocket$1,331Mortgage P&I$2,13956%Property Taxes$68918%Insurance$1584%HOA$3479%Management$57815%CapEx$1544%Maintenance$1544%Other$96225%

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

$3,850

Total Expenses

$5,181

Mortgage P&I

56%

$2,139

Property Taxes

18%

$689

Home Insurance

4%

$158

HOA

9%

$347

Property Management

15%

$578

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$962

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