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$9,304 (target)

3315 FERNWOOD Drive, Boynton Beach, FL 33435

3 beds • 2 baths • 1509 sqft

$1,108,700

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This property looks like a bad Mid-Term investment with a projected -5.12% first-year return on $251k initial cash invested.

-5.12%

Cash On Cash

5.27%

Cap Rate

0.87

DSCR

$9,304

Rent

-$1,070

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,304 income − $10,374 expenses = $1,070 out of pocket

Income$9,304Out of Pocket$1,070Mortgage P&I$5,56560%Property Taxes$1,22713%Insurance$4205%Management$1,11612%CapEx$3724%Vacancy$2793%Maintenance$3724%Other$1,02311%

Investment Breakdown

|

Purchase Price

$1109k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$251k

Downpayment

20%

$222k

Closing costs

1%

$11,087

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$9,304

Total Expenses

$10,374

Mortgage P&I

60%

$5,565

Property Taxes

13%

$1,227

Home Insurance

5%

$420

HOA

0%

$0

Property Management

12%

$1,116

CapEx

4%

$372

Vacancy

3%

$279

Maintenance

4%

$372

Other

11%

$1,023

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