REI Lense

REI Lense

Unlock all features! Tap here to upgrade

511 SE 9TH Avenue, Pompano Beach, FL 33060

3 beds • 2 baths • 1770 sqft

$1,466,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -20.85% first-year return on $326k initial cash invested.

-20.85%

Cash On Cash

1.74%

Cap Rate

0.28

DSCR

$6,905

Rent

-$5,663

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,905 income − $12,568 expenses = $5,663 out of pocket

Income$6,905Out of Pocket$5,663Mortgage P&I$7,516109%Property Taxes$1,19717%Insurance$5418%Management$1,03615%CapEx$2764%Maintenance$2764%Other$1,72625%

Investment Breakdown

|

Purchase Price

$1466k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$326k

Downpayment

20%

$293k

Closing costs

1%

$14,660

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,905

Total Expenses

$12,568

Mortgage P&I

109%

$7,516

Property Taxes

17%

$1,197

Home Insurance

8%

$541

HOA

0%

$0

Property Management

15%

$1,036

CapEx

4%

$276

Vacancy

0%

$0

Maintenance

4%

$276

Other

25%

$1,726

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis