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294 NW 42nd Way, Deerfield Beach, FL 33442

3 beds • 2 baths • 1394 sqft

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This property looks like a bad Airbnb investment with a projected -6.55% first-year return on $139k initial cash invested.

-6.55%

Cash On Cash

4.77%

Cap Rate

0.8

DSCR

$4,893

Rent

-$757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,893 income − $5,650 expenses = $757 out of pocket

Income$4,893Out of Pocket$757Mortgage P&I$2,84858%Property Taxes$2265%Insurance$2104%HOA$17Management$73415%CapEx$1964%Maintenance$1964%Other$1,22325%

Investment Breakdown

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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

$4,893

Total Expenses

$5,650

Mortgage P&I

58%

$2,848

Property Taxes

5%

$226

Home Insurance

4%

$210

HOA

0%

$17

Property Management

15%

$734

CapEx

4%

$196

Vacancy

0%

$0

Maintenance

4%

$196

Other

25%

$1,223

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