REI Lense

REI Lense

Unlock all features! Tap here to upgrade

294 NW 42nd Way, Deerfield Beach, FL 33442

3 beds • 2 baths • 1394 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.45% first-year return on $139k initial cash invested.

-7.45%

Cash On Cash

4.54%

Cap Rate

0.76

DSCR

$4,693

Rent

-$861

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,693 income − $5,554 expenses = $861 out of pocket

Income$4,693Out of Pocket$861Mortgage P&I$2,84861%Property Taxes$2265%Insurance$2104%HOA$17Management$70415%CapEx$1884%Maintenance$1884%Other$1,17325%

Investment Breakdown

|

Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,751

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,693

Total Expenses

$5,554

Mortgage P&I

61%

$2,848

Property Taxes

5%

$226

Home Insurance

4%

$210

HOA

0%

$17

Property Management

15%

$704

CapEx

4%

$188

Vacancy

0%

$0

Maintenance

4%

$188

Other

25%

$1,173

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis