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6912 NW 5TH Place, Margate, FL 33063

3 beds • 2 baths • 1596 sqft

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This property looks like a bad Airbnb investment with a projected -16.93% first-year return on $131k initial cash invested.

-16.93%

Cash On Cash

2.37%

Cap Rate

0.38

DSCR

$3,008

Rent

-$1,850

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,008 income − $4,858 expenses = $1,850 out of pocket

Income$3,008Out of Pocket$1,850Mortgage P&I$2,79293%Property Taxes$43114%Insurance$1926%Management$45115%CapEx$1204%Maintenance$1204%Other$75225%

Investment Breakdown

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Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,386

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,008

Total Expenses

$4,858

Mortgage P&I

93%

$2,792

Property Taxes

14%

$431

Home Insurance

6%

$192

HOA

0%

$0

Property Management

15%

$451

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$752

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