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3932 NW 62nd Court, Coconut Creek, FL 33073

3 beds • 2 baths • 1507 sqft

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This property looks like a bad Airbnb investment with a projected -19.5% first-year return on $144k initial cash invested.

-19.5%

Cash On Cash

1.72%

Cap Rate

0.28

DSCR

$3,418

Rent

-$2,337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,418 income − $5,755 expenses = $2,337 out of pocket

Income$3,418Out of Pocket$2,337Mortgage P&I$3,05889%Property Taxes$66619%Insurance$2106%HOA$1805%Management$51315%CapEx$1374%Maintenance$1374%Other$85425%

Investment Breakdown

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Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,992

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,418

Total Expenses

$5,755

Mortgage P&I

89%

$3,058

Property Taxes

19%

$666

Home Insurance

6%

$210

HOA

5%

$180

Property Management

15%

$513

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$854

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