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4340 Broadway Street, Lake Worth, FL 33461

3 beds • 2 baths • 1208 sqft

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This property looks like a bad Airbnb investment with a projected -13.39% first-year return on $120k initial cash invested.

-13.39%

Cash On Cash

2.98%

Cap Rate

0.49

DSCR

$2,664

Rent

-$1,337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,664 income − $4,001 expenses = $1,337 out of pocket

Income$2,664Out of Pocket$1,337Mortgage P&I$2,43491%Property Taxes$1174%Insurance$1706%Management$40015%CapEx$1074%Maintenance$1074%Other$66625%

Investment Breakdown

|

Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,000

Closing costs

1%

$4,850

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,664

Total Expenses

$4,001

Mortgage P&I

91%

$2,434

Property Taxes

4%

$117

Home Insurance

6%

$170

HOA

0%

$0

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

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