6325 Indian Wells Boulevard, Boynton Beach, FL 33437
3 beds • 2 baths • 1684 sqft
$679,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -19.45% first-year return on $161k initial cash invested.
-19.45%
Cash On Cash
1.79%
Cap Rate
0.29
DSCR
$3,192
Rent
-$2,603
Cashflow
Cash Flow
$3,192 income − $5,795 expenses = $2,603 out of pocket
Investment Breakdown
|
Purchase Price
$679k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,790
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,192
Total Expenses
$5,795
Mortgage P&I
109%
$3,490
Property Taxes
15%
$466
Home Insurance
7%
$238
HOA
2%
$68
Property Management
15%
$479
CapEx
4%
$128
Vacancy
0%
$0
Maintenance
4%
$128
Other
25%
$798