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$6,308 (target)

683 SW 2ND Street, Boca Raton, FL 33486

3 beds • 3 baths • 1759 sqft

$1,260,800

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This property looks like a bad Long-Term investment with a projected -13.54% first-year return on $265k initial cash invested.

-13.54%

Cash On Cash

3.4%

Cap Rate

0.57

DSCR

$6,308

Rent

-$2,988

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,308 income − $9,296 expenses = $2,988 out of pocket

Income$6,308Out of Pocket$2,988Mortgage P&I$6,24599%Property Taxes$95415%Insurance$4587%Management$63110%CapEx$3155%Vacancy$3786%Maintenance$3155%

Investment Breakdown

|

Purchase Price

$1261k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$265k

Downpayment

20%

$252k

Closing costs

1%

$12,608

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,308

Total Expenses

$9,296

Mortgage P&I

99%

$6,245

Property Taxes

15%

$954

Home Insurance

7%

$458

HOA

0%

$0

Property Management

10%

$631

CapEx

5%

$315

Vacancy

6%

$378

Maintenance

5%

$315

Other

0%

$0

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