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4410 NE 24th Avenue, Pompano Beach, FL 33064

3 beds • 2 baths • 1838 sqft

$1,200,800

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This property looks like a bad Airbnb investment with a projected -22.85% first-year return on $270k initial cash invested.

-22.85%

Cash On Cash

1.01%

Cap Rate

0.17

DSCR

$4,972

Rent

-$5,144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,972 income − $10,116 expenses = $5,144 out of pocket

Income$4,972Out of Pocket$5,144Mortgage P&I$5,956120%Property Taxes$1,32527%Insurance$4489%Management$74615%CapEx$1994%Maintenance$1994%Other$1,24325%

Investment Breakdown

|

Purchase Price

$1201k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$12,008

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,972

Total Expenses

$10,116

Mortgage P&I

120%

$5,956

Property Taxes

27%

$1,325

Home Insurance

9%

$448

HOA

0%

$0

Property Management

15%

$746

CapEx

4%

$199

Vacancy

0%

$0

Maintenance

4%

$199

Other

25%

$1,243

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