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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 -25.1% first-year return on $256k initial cash invested.

-25.1%

Cash On Cash

0.72%

Cap Rate

0.12

DSCR

$5,679

Rent

-$5,358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,679 income − $11,037 expenses = $5,358 out of pocket

Income$5,679Out of Pocket$5,358Mortgage P&I$5,815102%Property Taxes$1,73531%Insurance$4207%HOA$3416%Management$85215%CapEx$2274%Maintenance$2274%Other$1,42025%

Investment Breakdown

|

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

$5,679

Total Expenses

$11,037

Mortgage P&I

102%

$5,815

Property Taxes

31%

$1,735

Home Insurance

7%

$420

HOA

6%

$341

Property Management

15%

$852

CapEx

4%

$227

Vacancy

0%

$0

Maintenance

4%

$227

Other

25%

$1,420

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