REI Lense

REI Lense

Unlock all features! Tap here to upgrade

625 LAKEWOODE Circle W, Delray Beach, FL 33445

3 beds • 3 baths • 2091 sqft

$1,134,300

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -24.65% first-year return on $256k initial cash invested.

-24.65%

Cash On Cash

0.83%

Cap Rate

0.14

DSCR

$5,865

Rent

-$5,262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,865 income − $11,127 expenses = $5,262 out of pocket

Income$5,865Out of Pocket$5,262Mortgage P&I$5,81599%Property Taxes$1,73530%Insurance$4207%HOA$3416%Management$88015%CapEx$2354%Maintenance$2354%Other$1,46625%

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

$5,865

Total Expenses

$11,127

Mortgage P&I

99%

$5,815

Property Taxes

30%

$1,735

Home Insurance

7%

$420

HOA

6%

$341

Property Management

15%

$880

CapEx

4%

$235

Vacancy

0%

$0

Maintenance

4%

$235

Other

25%

$1,466

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis