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625 LAKEWOODE Circle W, Delray Beach, FL 33445

3 beds • 3 baths • 2091 sqft

$1,134,300

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This property looks like a bad Airbnb investment with a projected -24.59% first-year return on $256k initial cash invested.

-24.59%

Cash On Cash

0.85%

Cap Rate

0.14

DSCR

$5,887

Rent

-$5,249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,887 income − $11,136 expenses = $5,249 out of pocket

Income$5,887Out of Pocket$5,249Mortgage P&I$5,81599%Property Taxes$1,73529%Insurance$4207%HOA$3416%Management$88315%CapEx$2354%Maintenance$2354%Other$1,47225%

Investment Breakdown

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Purchase Price

$1134k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$256k

Downpayment

20%

$227k

Closing costs

1%

$11,343

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,887

Total Expenses

$11,136

Mortgage P&I

99%

$5,815

Property Taxes

29%

$1,735

Home Insurance

7%

$420

HOA

6%

$341

Property Management

15%

$883

CapEx

4%

$235

Vacancy

0%

$0

Maintenance

4%

$235

Other

25%

$1,472

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