REI Lense

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$4,519 (target)

5283 PARK PLACE Circle, Boca Raton, FL 33486

3 beds • 3 baths • 1812 sqft

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This property looks like a bad Long-Term investment with a projected -10.62% first-year return on $133k initial cash invested.

-10.62%

Cash On Cash

4.47%

Cap Rate

0.71

DSCR

$4,519

Rent

-$1,181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,519 income − $5,700 expenses = $1,181 out of pocket

Income$4,519Out of Pocket$1,181Mortgage P&I$3,32073%Property Taxes$59613%Insurance$2315%HOA$3788%Management$45210%CapEx$2265%Vacancy$2716%Maintenance$2265%

Investment Breakdown

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Purchase Price

$636k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$127k

Closing costs

1%

$6,355

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,519

Total Expenses

$5,700

Mortgage P&I

73%

$3,320

Property Taxes

13%

$596

Home Insurance

5%

$231

HOA

8%

$378

Property Management

10%

$452

CapEx

5%

$226

Vacancy

6%

$271

Maintenance

5%

$226

Other

0%

$0

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