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6290 Buena Vista Drive, Margate, FL 33063

4 beds • 3 baths • 1690 sqft

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This property looks like a bad Airbnb investment with a projected -1.6% first-year return on $129k initial cash invested.

-1.6%

Cash On Cash

6.35%

Cap Rate

1.04

DSCR

$6,682

Rent

-$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,682 income − $6,854 expenses = $172 out of pocket

Income$6,682Out of Pocket$172Mortgage P&I$2,55238%Property Taxes$93114%Insurance$1502%HOA$15Management$1,00215%CapEx$2674%Maintenance$2674%Other$1,67025%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$6,682

Total Expenses

$6,854

Mortgage P&I

38%

$2,552

Property Taxes

14%

$931

Home Insurance

2%

$150

HOA

0%

$15

Property Management

15%

$1,002

CapEx

4%

$267

Vacancy

0%

$0

Maintenance

4%

$267

Other

25%

$1,670

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