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376 E Royal Cove Circle, Davie, FL 33325

3 beds • 3 baths • 1815 sqft

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This property looks like a bad Airbnb investment with a projected -11.31% first-year return on $152k initial cash invested.

-11.31%

Cash On Cash

3.53%

Cap Rate

0.6

DSCR

$4,174

Rent

-$1,436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,174 income − $5,610 expenses = $1,436 out of pocket

Income$4,174Out of Pocket$1,436Mortgage P&I$3,14875%Property Taxes$321%Insurance$2316%HOA$1955%Management$62615%CapEx$1674%Maintenance$1674%Other$1,04425%

Investment Breakdown

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Purchase Price

$640k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$128k

Closing costs

1%

$6,395

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,174

Total Expenses

$5,610

Mortgage P&I

75%

$3,148

Property Taxes

1%

$32

Home Insurance

6%

$231

HOA

5%

$195

Property Management

15%

$626

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,044

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