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$6,922 (target)

3264 Lakeview Drive, Delray Beach, FL 33445

3 beds • 2 baths • 1825 sqft

$1,178,600

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This property looks like a bad Long-Term investment with a projected -11.87% first-year return on $248k initial cash invested.

-11.87%

Cash On Cash

4.21%

Cap Rate

0.66

DSCR

$6,922

Rent

-$2,448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,922 income − $9,370 expenses = $2,448 out of pocket

Income$6,922Out of Pocket$2,448Mortgage P&I$6,24190%Property Taxes$89213%Insurance$4386%Management$69210%CapEx$3465%Vacancy$4156%Maintenance$3465%

Investment Breakdown

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Purchase Price

$1179k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$248k

Downpayment

20%

$236k

Closing costs

1%

$11,786

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,922

Total Expenses

$9,370

Mortgage P&I

90%

$6,241

Property Taxes

13%

$892

Home Insurance

6%

$438

HOA

0%

$0

Property Management

10%

$692

CapEx

5%

$346

Vacancy

6%

$415

Maintenance

5%

$346

Other

0%

$0

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