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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 -17.05% first-year return on $152k initial cash invested.

-17.05%

Cash On Cash

2.05%

Cap Rate

0.35

DSCR

$2,774

Rent

-$2,164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,774 income − $4,938 expenses = $2,164 out of pocket

Income$2,774Out of Pocket$2,164Mortgage P&I$3,148113%Property Taxes$321%Insurance$2318%HOA$1957%Management$41615%CapEx$1114%Maintenance$1114%Other$69425%

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

$2,774

Total Expenses

$4,938

Mortgage P&I

113%

$3,148

Property Taxes

1%

$32

Home Insurance

8%

$231

HOA

7%

$195

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$694

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