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511 SE 9th Avenue, Pompano Beach, FL 33060

3 beds • 2 baths • 1770 sqft

$1,490,500

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This property looks like a bad Airbnb investment with a projected -20.43% first-year return on $331k initial cash invested.

-20.43%

Cash On Cash

1.7%

Cap Rate

0.28

DSCR

$6,905

Rent

-$5,634

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,905 income − $12,539 expenses = $5,634 out of pocket

Income$6,905Out of Pocket$5,634Mortgage P&I$7,472108%Property Taxes$1,19717%Insurance$5568%Management$1,03615%CapEx$2764%Maintenance$2764%Other$1,72625%

Investment Breakdown

|

Purchase Price

$1491k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$331k

Downpayment

20%

$298k

Closing costs

1%

$14,905

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,905

Total Expenses

$12,539

Mortgage P&I

108%

$7,472

Property Taxes

17%

$1,197

Home Insurance

8%

$556

HOA

0%

$0

Property Management

15%

$1,036

CapEx

4%

$276

Vacancy

0%

$0

Maintenance

4%

$276

Other

25%

$1,726

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