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4944 NW 97th Drive, Coral Springs, FL 33076

4 beds • 3 baths • 2655 sqft

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This property looks like a bad Airbnb investment with a projected -5.22% first-year return on $185k initial cash invested.

-5.22%

Cash On Cash

4.88%

Cap Rate

0.86

DSCR

$7,031

Rent

-$805

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$766k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$153k

Closing costs

1%

$7,664

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$7,031

Total Expenses

$7,836

Mortgage P&I

52%

$3,640

Property Taxes

8%

$545

Home Insurance

4%

$276

HOA

0%

$0

Property Management

15%

$1,055

CapEx

4%

$281

Vacancy

0%

$0

Maintenance

4%

$281

Other

25%

$1,758

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